Iran Plans to Increase Gas Storage Capacity : Iran is likely to increase the number of its natural gas storage facilities by five, a senior Iranian gas official says.

Iranian Gas Engineering and Development Company (IGEDC) Hassan Montazer Torbati said the country can bring the number of its gas storage facilities to seven from only two currently.

Speaking to Shana, the official said the facilities will be added to Shourijeh and Sarajeh which are storing gas each with 5 and 4 bcm of storage capacity for consumption in winters.

He said National Iranian Gas Company (NIGC) is carrying out studies on the facilities across the country.

The official said the salt dome in Kashan is one of the candidates for construction of a storage facility which is under studies.

There are other regions that can hold natural gas which are being considered by NIGC as well, the official added. Source: Iran Daily

The National Iranian Gas Company (NIGC) was established in 1965 as one of the four principal companies affiliated to the Ministry of Petroleum of the Islamic Republic of Iran with 25,000 million Rials initial capital.
NIGC is responsible for the treatment, transmission, and delivery of natural gas to the domestic, industrial, and commercial sectors and power plants. The National Iranian Gas Exports Company (NIGEC) was created in 2003 to manage and to supervise all gas pipeline and LNG projects. Until May 2010, NIGEC was under the control of the NIOC, but the Petroleum Ministry transferred NIGEC, incorporating it under NIGC in an attempt to broaden responsibility for new natural gas projects. As at 2012, 12,750 villages have been connected to gas network. NIGC does not play a role in awarding upstream gas projects; that task remains in the hands of the National Iranian Oil Company. Iran has the largest gas network in the Middle East with 22,000 kilometres (14,000 mi) of high-pressure pipelines. Iran is the third country with the highest volume of natural gas flared at oil sector projects (2015).