Iran’s Power Plants Increase Gas Burn, Face Competition For Supplies

Iran delivered record gas to power plants last year. But, with ambitious plans to hike petchems output, and gas exports, will there be enough gas to go around?

Iranian power generators burned a record 58 bcm (5.6bn cfd) of gas in the Iranian year to 19 March 2016, according to state gas producer NIGC. This was up 15% on the 50 bcm (4.8bn cfd) used for power generation the previous year.

The proportion of Iran’s power derived from burning gas is also on the rise, hitting 80% for 2015-16, NIGC gas distribution director Naser Ebrahimi says. Iran is seeking to substitute gas for liquid fuel in power generation, because of its “abundance and cleanness,” he tells the Oil Ministry’s Shana website. Iran’s fuel oil consumption data backs this up: from a peak annual figure of 445,000 b/d in 2013, consumption has fallen to 339,000 b/d in 2015, according to numbers supplied to Jodi. (CONTINUED - 894 WORDS)

DATA INSIDE THIS ARTICLE

chart Iran Fuel Oil Consumption ('000 B/D)
chart Iran Gas Production/Consumption (Bcm)