Iran reports 20% y/y increase in household gas demand
Figures released by the National Iranian Gas Company (NIGC) show that natural gas use in the country has reached record levels amid a cold wave that has pushed household demand through the roof.
The NIGC said on Saturday that it had supplied 857 million cubic meters (mcm) of sweet gas to Iran’s nationwide pipeline network on December 6.
It said households, businesses, and small industries had been responsible for 566 mcm or 66% of the total demand, adding that usage had increased by 20% compared to December 6, 2023.
The figure was also a major increase from data reported on Friday, November 29 when household demand for natural gas had reached 500 mcm, accounting for 59% of the total gas demand in Iran.
Temperatures have dropped to freezing point across Iran in recent weeks, causing a major rise in demand for heating.
That has pushed other energy-intensive sectors of the economy over the edge, including manufacturing and electricity generation sectors.
Growing demand for natural gas led to restrictions on the supply of gas in Iranian power plants and caused authorities to introduce a brief period of power cuts last month.
With a sour gas production of just over 1 billion cubic meters, Iran is the third largest gas producer in the world after Russia and the United States.
However, the country is also the world’s third largest gas consumer after the US, Russia, and China with a peak demand that is expected to reach 900 million mcm per day this winter.
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