Iran's Gas Exports Grew 8% Last Year

Iran’s gas exports increased by 8 percent in the last calendar year (ended March 20, 2015), stated a senior industry official.

Speaking to reporters on Thursday, Hamid Reza Araqi, the managing director of the National Iranian Gas Company (NIGC), said last year Iran exported one billion cubic meters more gas compared to a year before, Press TV reported.

Araqi said that Iran's gas exports exceeded imports by 2.5 billion cubic meters during the same period, showing a positive balance in Iran's natural gas trade with neighboring countries.

Iran is currently exporting gas to Turkey and Armenia, and exports to Iraq are scheduled to start during the current year.