BAKU, Azerbaijan, September 18. The National Iranian Gas Company (NIGC) has created opportunities for investment in 15 gas projects, with a total potential value of $8 billion, said Mansoureh Ram, head of the NIGC’s Investment and Business Opportunities Department, Trend reports.
Speaking at the Investment and Financial Assurance Conference in the Oil-Gas and Petrochemical sectors in Tehran, Ram stated that these projects are structured to support sustainable development, improve efficiency, increase processing capacity, and enhance gas transportation and reserves, offering unparalleled opportunities for investors.
She added that Iran’s gas sector, due to its strategic location and rich reserves, provides additional revenue opportunities for investors.
“Within these projects, investment returns exceed 30 percent. This is 18-20 percent higher than the average returns from all projects. Ensuring product supply for investors is also one of the main objectives of these projects,” Ram added.
Iran is currently the world’s second-largest holder of gas reserves, with approximately 34 trillion cubic meters. At present, 22 gas fields are active in the country, producing over 1.07 billion cubic meters of rich gas daily.
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