Iran has expanded its energy pipeline network by 933 kilometers to reach 13,000 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 that would carry petroleum products between locations in central Iran and in 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.
Zanganeh said expansion of energy pipelines had also caused a major boom in domestic pipe manufacturing and other related industries.