Iran has expanded its energy pipeline network by 933 kilometers as the country aims to reduce costs related to the transportation of petroleum and gas products.
Iran’s Oil Minister BIjan Namdar Zanganeh inaugurated three new pipelines on Monday to bring the total length of the country’s energy pipeline network to 13,000 kilometers.
The new pipelines would carry petroleum products between locations in central Iran and in the northwest of the country. They have cost 80 trillion rials plus 98 million euros (a total of $437.6 million) according to Zanganeh.
The minister said energy pipeline capacity in Iran had reached 1.5 million barrels per day of crude and petroleum products.
He said the launch of new pipelines in Iran would lead to a major reduction in transportation costs for energy products while it would mean lower illegal activity in a country rife with fuel trafficking because of low prices.