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25 January 2010 [21:00] - Today.Az
The Head of Iran's Gas Transportation Company says Kuwait has expressed an interest in linking its gas network to Iran's nationwide gas transport system.
"Iran's gas transportation network has already expanded to Khorramshahr in southern Iran and it's possible to further extend the network to Kuwait," said Reza Almasi in an interview with Mehr News Agency on Monday.
He said that the plan to link the two countries' gas networks includes building a submarine pipeline to Kuwait's border, which is possible in a short time considering the infrastructure of the southern Iranian province of Khuzestan.
The issue of annually exporting 3-4 billion cubic meters of natural gas pumped from Iran's South Pars gas field to Kuwait was the one of major topics raised in a meeting in November, 2009 between Iranian Oil Minister, Masoud Mirkazemi, and his Kuwaiti counterpart, Sheikh Ahmad Al-Abdullah Al-Sabah, in Tehran.
According to statistics, Iran's 2008 estimated proven natural gas reserves stand at about 950 trillion cubic feet, second only to Russia. Roughly two-thirds of Iranian natural gas reserves are located in non-associated fields, and have not yet been developed.
Kuwait has a modest amount of natural gas. The country has been unable to meet its domestic natural gas demand, despite efforts to expand extraction.
/Press TV/
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