The last part of a gas pipeline that is planned to transfer Iranís gas to Pakistan will reach border area in less than a year.
Speaking to Shana, managing director of the National Iranian Gas Company (NIGC), Javad Oji, referred to allocation of a 3.500 billion rials credit to the pipeline, which will provide enough money for completion of the pipeline in Iran territory.
Expressing satisfaction with the progress of construction work, the official predicted construction of the pipeline to be completed ahead of schedule.
Launching the pipeline requires construction of 700 kilometers of the pipeline in Pakistan soil. Under a contract between the two countries, Iran will export annually 7.8 billion cubic meters of gas to the neighboring country as of March 2014.
On the latest developments on storage of gas, Oji said: Up to now 400 million cubic meters of gas have been stored in an underground gas facility named Serageh adding the facility is ready for official inauguration.
He continued there was the possibility to draw 9.8 million cubic meters of gas per day from the facility.
Serajeh underground gas storage facility is located 40 kilometers east of Qom city. Serajeh facility has the capacity to store 1.5 billion cubic meters of gas in the first phase that will rise to 3.3 billion cubic meters of gas upon the completion of its second phase.