Today.Az » World news » Iran to invest $9bn in pressure regulating stations
01 February 2010 [17:35] - Today.Az
Iran is to invest $9bn in constructing transfer lines and pressure regulating stations in the next five years, the head of National Iranian Gas Company (NIGC) says.
"Construction of 5 to 6 thousand kilometers of gas transmission lines as well as 20-22 gas pressure regulating stations have been anticipated in the fifth development plan (2010-2015)," the Head of NIGC, Javad Owji, said Sunday.
He added that around $9bn credit has been allocated for these projects.
Commenting on the NIGC's budget for the next Iranian year (starting March 21), he said a $6,800mn budget has been projected for the next year, expressing hope that the budget will be approved by the Iranian parliament.
/Press TV/
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