RoydadNaft –  Managing Director of the National Iranian Gas Company (NIGC) Majid Chegini has said that Iran has increased eight percent in supply of gas to the country’s petrochemical complexes despite sanctions.

Chegini addressed senior managers of the petrochemical industry during a meeting on Sunday and reported that in the last year, the petrochemical industry received 24.4 billion cubic meters of gas, showing a seven percent increase compared to the same period in the previous year.

Every day, 850 million cubic meters (mcm) of gas enter the national grid, of which 70-73 percent is allocated to households, businesses, and small industries, he added.

He further noted, “Today, the petrochemical industry received 80 million cubic meters of gas, while in the previous days, the amount had reached 89 million cubic meters.”

Last week, the head of NIGC’s Dispatching Department Saeed Aghli announced that gas consumption in Iran increased by seven billion cubic meters in the past Iranian calendar year 1402 (ended on March 19),

Aghili said over 249 billion cubic meters of natural gas was consumed in the country during the past year.

Of the total amount of gas consumed, 119 billion cubic meters was used by households, commercial and non-major industries, 51 billion cubic meters was consumed by major industries and 79 billion cubic meters was the share of power plants.

Gas consumption in the household, commercial, and non-major industries last year decreased by three percent due to the implementation of gas consumption optimization plans.

The consumption of natural gas in the country stood at 117.55 billion cubic meters in the first half of last year, and thus about 132 billion cubic meters of natural gas were consumed in the fall and winter of 1402.

Most of Iran’s natural gas comes from the country’s giant South Pars gas field which the Islamic Republic shares with Qatar in the Persian Gulf.

The huge offshore field covers an area of 9,700 square kilometers, 3,700 square kilometers of which are in Iran’s territorial waters in the Persian Gulf. The remaining 6,000 square kilometers, called North Dome, are situated in Qatar’s territorial waters.

The field is estimated to contain a significant amount of natural gas, accounting for about eight percent of the world’s reserves, and approximately 18 billion barrels of condensate.

The average daily production of natural gas in Iran’s South Pars gas field currently stands at 700 million cubic meters, according to Pars Oil and Gas Company (POGC) which is in charge of developing the field.