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Petrochemical companies lead in environmental protection
SHANA (Tehran) – The secretary-general of Iran’s Petrochemical Employers Association said preventing pollution and advancing development projects through modern global technologies represent a strategic step toward national progress. He added that the petrochemical sector must move toward balanced growth by relying on skilled and specialized human resources.
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Tapping idle capital to finance petchem growth
SHANA (Tehran) – The deputy head of Parliament’s Industries and Mines Committee emphasized legislative support for the petrochemical sector, saying fundamental steps must be taken to expand various segments of the industry and attract idle capital to finance its development projects.
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Special gas-use inspection patrol launched in Tehran
SHANA (Tehran) – The managing director of the Tehran Province Gas Company said a special patrol to monitor and control gas consumption in government offices and public facilities has begun with 120 specialized inspection teams. He said agencies that fail to follow consumption guidelines will face enforcement without leniency.
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Completion of flare gas recovery chain at Bidboland refinery
SHANA (Tehran) – The CEO of the National Petrochemical Company said the Bidboland Persian Gulf Gas Refining Complex, the country’s largest flare gas recovery project, is now receiving 80% of its feedstock capacity and is supporting petrochemical plants.
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Household gas use tops 3.3 bcm in one week
SHANA (Tehran) – Household, commercial and small industrial gas consumption exceeded 3.3 billion cubic meters in the first week of Azar as colder weather pushed heating systems into operation.
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NISOC sets record in overhauls
SHANA (Tehran) – The National Iranian South Oil Company (NISOC) completed more than 85 percent of its planned overhauls in the first half of this year, a milestone made possible by early preparation of documentation, scopes of work and contractor selection beginning in winter 1403.
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Call to revive production, remove barriers at Abadan Petrochemical Company
SHANA (Tehran) – The CEO of the National Petrochemical Company underscored the need to remove existing obstacles and revive production at the Abadan Petrochemical Company to meet downstream industry demand and strengthen the petrochemical value chain.
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BIPC plays key role in reducing gas imbalance
SHANA (Tehran) – The CEO of the National Petrochemical Company (NPC) said during a visit by Parliament’s Oil, Gas and Petrochemical Oversight Caucus to the Bandar Imam Petrochemical Complex (BIPC) that the facility is one of the main pillars in preventing energy waste and reducing the country’s gas imbalance.
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Investment projects in gas industry moving toward value creation
SHANA (Tehran) – The CEO of the National Iranian Gas Company (NIGC) emphasized the need to reform approaches to attracting investment, saying the company’s investment and business team has carefully reviewed and assessed 68 projects, all of which show strong and reassuring returns.
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Gas deliveries to power plants exceed plan
SHANA (Tehran) – The managing director of the National Iranian Gas Company said more than 3.5 billion cubic meters of additional gas have been delivered to power plants since the beginning of this year compared with the same period last year. He added that in the first nine days of Azar alone, gas deliveries to power plants were 32 million cubic meters above the volume set by the Oil Ministry.
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Oil Ministry denies use of liquid fuel at Rey, Parand power plants; natural gas remains primary fuel
SHANA (Tehran) – The Oil Ministry’s director general for HSE denied reports claiming that the Rey and Parand power plants had used liquid fuel, saying Rey has run solely on natural gas since late October and that 80 percent of Parand’s fuel during the same period was also supplied as natural gas.
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New phase of 10% Energy Consumption Reduction Campaign launched
SHANA (Tehran) – The energy optimization director at the National Petrochemical Company announced the launch of a new phase of the national campaign to cut energy consumption by 10% in Mazandaran Province, along with new social and cash incentives to encourage greater public participation.
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Changouleh field moves toward producing 60,000 barrels of oil per day
SHANA (Tehran) – The first phase of development at the Changouleh oil field officially entered a new stage today, targeting production of 60,000 barrels of oil per day, as senior oil industry officials attended the launch ceremony.
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NIOPDC ready to transfer fuel quota to bank cards
SHANA (Tehran) – The head of the National Iranian Oil Products Distribution Company (NIOPDC) said the company is prepared to implement a measure that would transfer fuel quotas from personal fuel cards to bank cards, but noted that the plan’s implementing bylaw has not yet been issued.
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Household daily gas use crosses 524 mcm
SHANA (Tehran) – Household, commercial and small industrial gas consumption surged as temperatures dropped, reaching more than 524 million cubic meters on November 30.
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Claim of high-sulfur diesel use is false: VP
SHANA (Tehran) – The executive vice president said Wednesday that recent claims about the use of mazut and high-sulfur diesel fuel in Iran are not accurate.
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Gasoline quotas of 60, 100 liters to remain unchanged
SHANA (Tehran) – The oil minister reaffirmed that the 60- and 100-liter gasoline quotas on fuel cards will remain unchanged, saying economic studies show that adjusting gasoline prices on station-issued cards will not have a significant impact on inflation.
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Phase 2 of Azar oil field development begins to boost output
SHANA (Tehran) – The director of the Azar oil field development project said Phase 2 of the field’s expansion will be carried out in two stages, with the goal of increasing production by about 30,000 barrels per day. He said efforts are underway to meet this target within the approved schedule.
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Gov’t agencies should lead in energy conservation
SHANA (Tehran) – The interior minister stressed that government agencies must take the lead in conserving energy, saying all relevant bodies have been instructed to use their full capacity to help supply the energy needed by the public.
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Oil minister reviews progress on South Pars gas compression project
SHANA (Tehran) - The latest status of the South Pars gas field gas compression project was reviewed in a meeting attended by Iran’s oil minister, where project managers outlined the actions taken so far.
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Integrated management, consumption control crucial as cold season begins
SHANA (Tehran) — The deputy oil minister emphasized the importance of integrated management, monitoring comfort temperatures, and closely tracking gas consumption as the cold season begins, following an increase in gas deliveries to power plants and industrial sectors since the start of the year.
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85% of diesel supplied to Tehran power plants meets Euro 4 Standard
SHANA (Tehran) – The supply and distribution manager of the National Iranian Oil Products Distribution Company said 85% of the diesel fuel delivered to power plants in Tehran province now meets the Euro 4 standard, an 8% increase from the same period last year.
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Growth in Euro-4, Euro-5 diesel production under 14th Administration
SHANA (Tehran) – The director of coordination and operations oversight at the National Iranian Oil Refining and Distribution Company (NIORDC) announced an increase in Euro-4 and Euro-5 diesel production under the 14th Administration. He said 420 million liters of low-sulfur fuel oil were produced for the first time by the Shazand refinery and distributed among major power plants.
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‘Fuel price changes are within the government’s legal authority’
SHANA (Tehran) – The Parliament speaker said the legislature has delegated all decision-making on fuel prices to the government, adding that any action the administration takes in this regard falls within its legal authority.
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Carbon financing: An overlooked tool for expanding renewables
SHANA (Tehran) – A faculty member at the Research Institute of Petroleum Industry said carbon financing remains an underused opportunity for developing renewable energy in Iran. He added that with a clear understanding of the carbon market, Iran can meet technical and security requirements while tapping its vast potential to expand renewable projects.
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Sixth drilling rig mobilized for Sepehr–Jofeir project
SHANA (Tehran) – The director of the Sepehr–Jofeir oil field development project announced the deployment of a sixth rig to the field’s drilling fleet, saying the rig has been installed at the “Northwest Jofeir” well. With the start of repair operations, the long-abandoned well will be converted into a producing well in the Gadvan formation.
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Spox: New gasoline plan aims to fix problems, not raise revenue
SHANA (Tehran) – The government’s spokesperson said Tuesday that the goal of the newly approved three-tier gasoline pricing plan is to encourage the public to use personal fuel cards, stressing that the government is not seeking additional revenue and that all proceeds from the third-tier price will go toward supporting household livelihoods.
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Solar energy development requires broad cooperation
SHANA (Tehran) – The deputy for the development of new technology-based firms (NTBFs) at the Vice Presidency for Science, Technology and Knowledge-Based Economy said Iran is on the verge of a unique opportunity to expand solar energy, emphasizing that success in this sector requires broad cooperation and maximum facilitation.
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Iran expanding petrochemical exports to Eurasian market
SHANA (Tehran) – The head of the National Petrochemical Company said Iran is increasing its petrochemical exports to Eurasian markets.
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92% of Iran’s power generated from fossil fuels
SHANA (Tehran) – The deputy oil minister for engineering, research and technology said more than 92% of the country’s electricity production relies on fossil fuels, adding that the government is pursuing a new path aimed at expanding renewable energy and easing pressure from the nation’s energy imbalance.