Plans are under way to ensure access of 3,000 more Iranian villages to the natural gas by the end of the current calendar year to March 20 2019, an official said.
The CEO of National Iranian Gas Company (NIGC), Hassan Montazer Torbati, said linking the villages to the national gas distribution network would be a “revolution in gas distribution” in the country.
Speaking on Saturday, during a ceremony to launch a gas pipeline from the northeastern county of Torbat Heidariyeh to the eastern county of Kashmar, both in the northeastern province of Khorasan Razavi, the official said burning gas as fuel would dramatically reduce the associated expenses of families in the areas where it is being distributed.
He said such a large number of villages to be linked to the network all at once was unprecedented in NIGC’s history which was made possible on the eve of the 40th anniversary of the victory of the Islamic Revolution.
Chilean copper miner Antofagasta Plc (LON:ANTO) will make a decision about going ahead with a $3B expansion of its Centinela mine, located in the country’s north, by the end of next year or in 2021.
China’s natural gas demand is set to grow by 14% in 2019 amid a huge government push to spur consumption of the fuel, a senior industry executive said, requiring the nation to import huge amounts of liquefied natural gas.
The West Ethylene Gas Pipeline ruptured in western Kermanshah Province on Sunday, the governor said.
Management at Chilean miner Antofagasta Plc. (LON: ANTO) was able to secure this week full funding for the expansion project of its flagship Los Pelambres copper mine.
Private capital tracker Preqin says in an report, that contrary to expectations, 2018 was another bumper year for the industry, particularly for natural resources investments.
The growing gas prices in the US indicate that Washington is facing a hard decision on the extension of waivers on Iran oil sanctions, an Iranian official said on Sunday.