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Managing consumption averts $1b in diesel imports
SHANA (Tehran) – The CEO of the National Iranian Oil Refining and Distribution Company said gas oil (diesel) consumption fell 4% in the year 1404, allowing the country to avoid imports after spending about $1 billion on gas oil imports last year.
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Iran boosts gas output in northeast by 5 mcm per day
SHANA (Tehran) – The head of the National Iranian Oil Company announced the start of gas production from the Tous gas field in northeastern Iran, saying the project will add between 3 million and 5 million cubic meters of gas per day and help stabilize supply and pressure across five northern provinces.
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Oil experts’ efforts under difficult conditions praised
SHANA (Tehran) – President Masoud Pezeshkian said revenues generated from collecting associated gas and reducing flaring should be spent on the development and prosperity of host regions, praising oil industry specialists for their efforts under difficult conditions.
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Iran collects 9 mcm of APG, flared gas under 14th Administration
SHANA (Tehran) – Iran has collected about 9 million cubic meters per day of associated and flared gas since the start of the country’s 14th administration, out of a total of roughly 16 million cubic meters now being recovered daily, the oil minister said.
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President orders launch of Tous Gas Field Development Project
SHANA (Tehran) – The Tous gas field development project, aimed at strengthening the stability of the gas supply network in Iran’s northeast and supplying feedstock to the Shahid Hashemi-Nejad Gas Refinery in Sarakhs, was officially inaugurated by presidential order via videoconference.
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Strategic pipelines drive major gains in oil, product transfers, deliver billions in savings
SHANA (Tehran) - The managing director of the National Iranian Oil Engineering and Construction Company said several major oil and petroleum product pipeline projects will be completed and commissioned in the Iranian year 1404 (March 2025–March 2026), significantly improving fuel supply stability and generating annual savings of trillions of rials in transportation costs.
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Private sector enters gas demand management with goal of 35% savings
SHANA (Tehran) - A new data-driven model for managing natural gas consumption, centered on so-called energy service companies, has entered the implementation phase following the signing of 22 operational contracts between the National Iranian Gas Company and private-sector firms. The initiative aims to optimize consumption, reduce energy waste and cut end-use gas consumption by 25% to 35%.
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Aghajari flare gas recovery project surpasses 60% completion
SHANA (Tehran) - The flare gas recovery project in the Aghajari oilfield has progressed more than 60%, with plans to virtually eliminate routine flaring in the area by the end of the Iranian year 1407 (March 2029), according to the head of the Aghajari Oil and Gas Production Company.
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Oil Ministry's road map to attract public investment
SHANA (Tehran) - ran’s Oil Ministry under the 14th administration has rolled out a comprehensive plan to channel liquidity into the heart of the energy sector by introducing new financial instruments, establishing a guarantee fund and opening wider participation to the private sector. The initiative signals a shift in oil governance aimed at linking national wealth to public investment.
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A 47-year record: How petrochemical industry became a driver of non-oil economy
SHANA (Tehran) - Over the past 47 years, Iran’s petrochemical industry has gradually moved away from crude oil and gas sales and emerged as one of the country’s main engines of non-oil economic growth. With production capacity expanding more than 33-fold, exports rising sharply and export value increasing nearly 194 times, the sector now plays a central role in generating sustainable foreign currency revenue, completing value chains and strengthening the economy against volatility in global oil markets.
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Technological self-reliance takes shape in oil industry, strategic steps target enhanced recovery
SHANA (Tehran) – The National Iranian Oil Company (NIOC) has rolled out a broad range of technology-driven programs and achievements aimed at boosting production, improving recovery rates and advancing the digitalization of the country’s oil and gas fields. The initiatives focus on field-based and problem-oriented research, enhanced oil recovery (EOR) technologies, artificial intelligence and the localization of strategic equipment.
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Iran’s oil industry: A 47-year chronicle of self-reliance and resilience
SHANA (Tehran) – The story of Iran’s oil industry on the 47th anniversary of the Islamic Revolution cannot be told through dry administrative statistics. It must be sought in the warm breath of the men and women who, during the harsh years of war and suffocating sanctions, kept the flame of oil production and exports alive through sacrifice and perseverance. Without reliance on foreign presence, they safeguarded the country’s economic lifeline by ensuring the uninterrupted flow of oil.
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Iran adds 1,000 kilometers to oil, product pipeline network
SHANA (Tehran) – The head of Iran’s Oil Pipelines and Telecommunications Company said the country has added about 1,000 kilometers of new pipelines, bringing the total length of its crude oil and petroleum product pipeline network to 15,000 kilometers.
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Utilities pricing arbitration seen as step toward smarter petrochemical regulation
SHANA (Tehran) – The vice chairman of Parliament’s Energy Committee said arbitration over the pricing of auxiliary services marks a move toward smarter regulation in Iran’s petrochemical industry and could pave the way for an independent regulator aligned with international energy governance standards.
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Petrochemical production capacity hits 100m tons per year
SHANA (Tehran) – Iran's annual petrochemical production capacity has increased by about 3.7 million tons to 100 million tons under the 14th administration, Oil Minister Mohsen Paknejad said Tuesday.
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Iran sets numerous records in gas production
SHANA (Tehran) – Statistics from the Ministry of Petroleum in the 14th government indicate numerous and historic record-breaking achievements in gas production. This achievement, though shadowed by suboptimal consumption which diminishes its delight, has been realized solely through the perseverance of oil industry personnel, integrated management, and precise planning, painting a picture of our beloved Iran's strength.
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Historic arbitration ends long-running petrochemical pricing dispute
SHANA (Tehran) – A senior Oil Ministry official said a landmark arbitration ruling that assigns oversight of auxiliary services pricing to the National Petrochemical Company has ended one of the industry’s longest-running disputes and set a new framework for state–private sector interaction.
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Oil output growth using modern methods on agenda
SHANA (Tehran) – The head of the National Iranian South Oilfields Company said the company’s top priority is producing oil and gas safely and sustainably while fully observing environmental standards, stressing that plans to boost output through modern methods are being pursued in earnest.
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Oil Ministry maintains gas network stability during harsh winter
SHANA (Tehran) – Oil Ministry said preventive measures taken ahead of winter ensured the stability of the national gas network and uninterrupted electricity supply during one of the coldest seasons in recent years.
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NIDC accelerates drilling fleet expansion under Seventh Development Plan
SHANA (Tehran) – The country's drilling industry has entered a new phase of development under the seventh five-year development plan, focusing on expanding drilling fleet capacity and improving operational efficiency. This phase prioritizes acquiring new rigs, modernizing the existing fleet and enhancing key performance indicators to support increased oil and gas production.
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Leader: Greed for oil, strategic dominance fuels US hostility
SHANA (Tehran) – In a pointed address, Leader of the Islamic Revolution Ayatollah Seyyed Ali Khamenei asserted that the primary driver of American animosity towards Iran is a desire to seize control of the nation's vast resources and strategic geopolitical standing.
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Ending the era of gas flaring
SHANA (Tehran) – The Ministry of Oil, through the simultaneous implementation of major national projects and innovative contracts with the private sector, is transforming the environmental threat of gas flaring into a significant opportunity for production and investment.
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Oil Ministry turns to private sector in key development move
SHANA (Tehran) – The deputy chairman of the Parliament’s Energy Committee, praising the Oil Ministry’s reliance on the private sector, stressed that this trust is undoubtedly key to attracting investment in the country's oil and gas industries.
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NPC to arbitrate pricing of ancillary petrochemical services
SHANA (Tehran) – The Supreme Council for Economic Coordination of Heads of Branches approved granting the National Petrochemical Company authority to arbitrate the pricing of ancillary services in the petrochemical industry.
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Monthly gas consumption of household sector surges topping 19 bcm
SHANA (Tehran) – Natural gas consumption in the residential, commercial and small industrial sectors surpassed 19 billion cubic meters in Dey 1404 (December 22, 2025-January 20, 2026), with the daily average exceeding 640 million cubic meters.
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Oil minister dismisses concerns over possible US deals with Tehran’s customers
SHANA (Tehran) – Oil minister said there is no need for concern that the United States, after gaining control of Venezuelan oil, could strike deals with Iran’s long-standing oil customers such as China.
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OPEC oil basket price rises nearly $2
SHANA (Tehran) – The price of the OPEC oil basket rose by nearly $2 on Thursday (Jan. 29), according to the organization’s secretariat.
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Over 165 bcm of sweet gas injected from South Pars refineries
SHANA (Tehran) – The managing director of the South Pars Gas Complex said 165.5 billion cubic meters of sweet gas were injected into Iran’s national grid from the start of the current year through Feb. 3, adding that all 13 refineries in the complex are fully prepared to maintain energy stability during peak winter demand.
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Flaring gas recovery a strategic priority for oil industry
SHANA (Tehran) – The CEO of the National Iranian South Oilfields Company (NISOC) said collecting flare gas is among the oil industry’s most important and valuable initiatives to boost efficiency, complete the value chain and protect the environment.
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New energy governance model launches with contracts between NIGC, private sector
SHANA (Tehran) - A new, data-driven energy governance model centered on "Operator Companies" officially began with the signing of 22 strategic contracts between the National Iranian Gas Company and the private sector.