National Iranian Gas Company
Encyclopedia
Company
A company is a form of business organization. It is an association or collection of individual real persons and/or other companies, who each provide some form of capital. This group has a common purpose or focus and an aim of gaining profits. This collection, group or association of persons can be...
affiliated to the Ministry of Petroleum
Ministry of Petroleum of Iran
The Ministry of Petroleum manages the oil industry, the producer of oil and petrochemical products. MoP is in charge of all issues pertaining to exploration, extraction, exploitation, distribution and exportation of crude oil and oil products. In addition, according to the "", issuing import...
of the Islamic Republic of Iran with 25,000 million Rials
Iranian rial
The rial is the currency of Iran. It is subdivided into 100 dinar but, because of the very low current value of the rial, no fraction of the rial is used in accounting....
initial capital.
NIGC is responsible for the treatment, transmission, and delivery of natural gas
Natural gas
Natural gas is a naturally occurring gas mixture consisting primarily of methane, typically with 0–20% higher hydrocarbons . It is found associated with other hydrocarbon fuel, in coal beds, as methane clathrates, and is an important fuel source and a major feedstock for fertilizers.Most natural...
to the domestic, industrial, and commercial sectors and power plants. Close to 6,230 villages and 713 cities and towns have access to natural gas. NIGC does not play a role in awarding upstream gas projects; that task remains in the hands of the National Iranian Oil Company
National Iranian Oil Company
The National Iranian Oil Company , a government-owned corporation under the direction of the Ministry of Petroleum of Iran, is an oil and natural gas producer and distributor headquartered in Tehran. It was established in 1948...
. Iran has the largest gas network in the world with 30000 kilometres (18,641.2 mi) of high-pressure pipelines.
Main subsidiaries
The NIGC subsidiaries are:- Markazi
- Khorasan
- Qazvin
- Qom
- East Azerbaijan Gas Co.
- Tehran Province gas Co.
- Great Tehran Gas Co.
- Kerman Province Gas Co.
- Fars Gas Co.
- Gas-Khodro
- Gas Transmission
- Gas Storage
- Iran Gas Trade.
Development
In 2011, Iran’s net export of gas in 2010 was 1.57 billion cubic metres. In 2010, Iran’s exports and imports of natural gas were 8.42 and 6.85 billion cubic metres respectively. In 2010, Iran exported 0.4, 0.25, and 7.77 billion cubic metres of gas to Armenia, Azerbaijan and Turkey respectively. In terms of imports, Iran has received 0.35 and 6.5 billion cubic metres from Azerbaijan and Turkmenistan respectively.Iran has approximately 29.6 trillion cubic meters of proven gas reserves
Natural gas reserves in Iran
According to Iran Petroleum Ministry, Iran's proved natural gas reserves are about or about 15.8% of world's total reserves, of which 33% are as associated gas and 67% is in non associated gas fields...
which accounts for 16% of the world’s total reserves. This places Iran behind Russia with the second largest gas reserves worldwide. In 2009, Iran’s natural gas production stood at 116 billion cubic metres. In 2010, this number rose to 138.5 billion cubic metres which shows a 19% increase. Most of Iran’s gas is consumed domestically and has been increasing at an average annual rate of 12% for the past 15 years.
In 2011, Iran signed a contract worth $10 billion with Baghdad and Damascus in order to export Iran’s gas to Iraq
Iraq
Iraq ; officially the Republic of Iraq is a country in Western Asia spanning most of the northwestern end of the Zagros mountain range, the eastern part of the Syrian Desert and the northern part of the Arabian Desert....
, Syria
Syria
Syria , officially the Syrian Arab Republic , is a country in Western Asia, bordering Lebanon and the Mediterranean Sea to the West, Turkey to the north, Iraq to the east, Jordan to the south, and Israel to the southwest....
, Lebanon
Lebanon
Lebanon , officially the Republic of LebanonRepublic of Lebanon is the most common term used by Lebanese government agencies. The term Lebanese Republic, a literal translation of the official Arabic and French names that is not used in today's world. Arabic is the most common language spoken among...
, the Mediterranean region and eventually Europe. It is estimated that in the next three to four years there will be an excess production of 200-250 million cubic metres of gas in the South Pars gas field, the largest worldwide gas field located in Persian Gulf
Persian Gulf
The Persian Gulf, in Southwest Asia, is an extension of the Indian Ocean located between Iran and the Arabian Peninsula.The Persian Gulf was the focus of the 1980–1988 Iran-Iraq War, in which each side attacked the other's oil tankers...
.
See also
- Iran Gas Trunkline (IGAT)
- Iran Natural Gas Reserves
- South Pars Gas Field
- North Pars Gas Field
- Golshan Gas FieldGolshan Gas FieldThe Golshan gas field is one of the NIOC Recent Discoveries which is located at approximately 180 km south east of Bushehr, 65 km offshore the Persian Gulf...
- Ferdowsi Gas FieldFerdowsi Gas FieldFerdowsi Gas Field is one of the NIOC Recent Discoveries which is located at approximately 190 kilometers southeast of Bushehr, 85 kilometers offshore the Persian Gulf....
- Kish Gas FieldKish Gas FieldKish gas Fied is a giant gas field close to Kish Island in the Persian Gulf.It is one of the NIOC Recent Discoveries which was discovered in 2006 and holds of gas in place of which is recoverable....
- Persian LNGPersian LNGPersian LNG is the LNG project in Iran. It has been defined based on the huge reserves of the South Pars gas field. Royal Dutch Shell and Repsol had been originally awarded phases 13 and 14 but were left out of the project by Iran due to their repeated delays.-Technical description:Persian LNG...
- AsalouyehAsalouyehAsaluyeh is a city in and the capital of Asaluyeh District, in Kangan County, Bushehr Province, Iran. At the 2006 census, its population was 4,746, in 875 families....
- Rhum gasfieldRhum gasfieldThe Rhum Gas Field is located north-east of Aberdeen in 109 metres of water. Gas production and export began on 20 December 2005....
- Aghajari Gas Injection ProjectAghajari Gas Injection ProjectAghajari Gas Injection Project is the world’s biggest Enhanced Oil Recovery project to be inaugurated in Iran in late 2008.The reservoir dimension of Aghajari fields is 56×6 km with the original oil-in-place of and 10.2 billion barrels of recoverable oil...
- Petroleum industry in IranPetroleum industry in IranIn 2004 Iran produced 5.1 percent of the world’s total crude oil , which generated revenues of US$25 billion to US$30 billion and was the country’s primary source of foreign currency. At 2006 levels of production, oil proceeds represented about 18.7 percent of gross domestic product . However, the...
- National Iranian Oil CompanyNational Iranian Oil CompanyThe National Iranian Oil Company , a government-owned corporation under the direction of the Ministry of Petroleum of Iran, is an oil and natural gas producer and distributor headquartered in Tehran. It was established in 1948...
External links
- NIGC Official Website
- US Department of Energy - Iran's entry
- Iran oil and gas - Brief 2002 study