Iran leads midstream project starts in the Middle East

Iran is likely to set to start operations at 27 midstream oil and gas projects between 2021 and 2025, accounting for 22% of upcoming midstream projects in the Middle East, according to GlobalData, a data and analytics company.
GlobalData’s latest report, ‘Middle East Midstream New-Build and Expansion Projects Outlook, 2021-2025’, highlights that transmission projects make up 15 (56%) of the 27 projects expected to commence operations in Iran, while six are gas processing projects (22%) and four are underground gas storage projects (15%).
One key upcoming transmission project is the Iranian Gas Trunk line–IGAT XI gas pipeline, operated by the National Iranian Gas company.
The South Pars Phase 14 is one of the key gas processing projects, with an expected capacity of 1,765 million cubic feet per day (mmcfd).
The four underground gas storage projects are Shorijeh II, Nasrabad, Ghezel Tapeh, and Yortsha.
The project is currently in the feasibility stage and is expected to start operation in 2025. Shurijeh field’s current storage capacity of 20 million cubic meters per day will be increased to 40 million cubic meters per day, with storage capacity increasing from 2.25 billion cubic meters to 4.5 billion cubic meters.”
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