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FinancialNews


  • 19-12-20

    Iran to allocate 15 trillion rials for supply of natural gas

    (MENAFN)The government has planned to assign 15 trillion rials (about USD357.14 million) for the supply of natural gas to over 8,000 villages across the country in the next Iranian calendar year.

    The stated budget will be spent on new gas supply projects in rural areas, and for the completion of semi-finished gas supply projects across the county with Sistan-Balouchestan, Hormozgan, South Khorasan, and Kerman provinces, as well as Khour and Biabanak cities, being the priorities.

    About 32,000 villages across Iran are benefitting from natural gas through the national network and the number is supposed to amount at 40,000 by the end of the next fiscal year.

    Over the last seven years, more than 290 trillion rials (about USD7 billion) has been owed by the government to connect over 18,000 new rural areas with over 1.6 million households to the national gas network.€ƒ

    MENAFN19122020000045011369ID1101307159

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