Shana

NIGC:

Iran sets record in sweet gas production, transmission

SHANA (Tehran) – The deputy oil minister for gas affairs announced that daily sweet gas production in the country’s refineries has reached a record high of 865 million cubic meters (mcm).

President: Improving consumption habits can manage energy imbalances

SHANA (Tehran) – The president stated that while Iran holds the largest combined reserves of oil and gas globally, its energy consumption—three to four times higher than Europe's—has caused a crisis as he emphasized that reforming consumption habits is key to managing energy imbalances.

NIGC head announces record gas production in Iran

SHANA (Tehran) – The CEO of the National Iranian Gas Company (NIGC) announced a record daily gas production of 862 million cubic meters (mcm), noting that this winter, nearly 80 to 82% of the total gas produced is being consumed by the residential, commercial, and small industrial sectors.

Seven MoUs signed to renew petroleum products transport fleet

SHANA (Tehran) – The National Iranian Oil Products Distribution Company (NIOPDC) has signed seven tripartite memorandums of understanding (MoUs) with three banks and seven automotive companies to renew and strengthen a fleet of 3,000 petroleum product transport vehicles.

Gas supply to power plants rises by 180 mcm in one month

SHANA (Tehran) – Masoud Kazemi, deputy for dispatching operations at the National Iranian Gas Company, announced that the cumulative gas supply to power plants in the ninth month of the current Iranian year (Nov. 21-Dec. 20) increased by 180 million cubic meters (mcm) compared to the same period last year.

Pezeshkian urges swift action to address illegal petroleum products distribution

SHANA (Tehran) –Iranian president stressed the importance of speeding up the process of identifying the points where petroleum products exit the legal distribution channels.

Oil minister:

Deals worth $6b will be signed on pressure boosting in SP

SHANA (Tehran) – Iran’s oil minister announced that contracts worth $6 billion for pressure enhancement at the South Pars gas field will be signed soon, emphasizing that this project is one of the country’s top priorities. He warned that if the pressure enhancement project is not implemented, the field’s reservoir pressure would decline in the next two years.

CEO of SPGC:

Gas injection to national pipeline rises by 1.2 bcm

SHANA (Tehran) – The CEO of the South Pars Gas Complex announced a 1.2 billion cubic meter increase in natural gas injection to the main national pipeline during the first eight months of this year compared to the same period last year.

Deputy minister:

Iranian E&P companies fully developed in oil projects implementation

SHANA (Tehran) – The deputy minister of oil for research and technology stated that the efforts launched eight years ago to develop Iranian exploration and production (E&P) companies have now come to fruition, as he expressed hope for the active participation of capable Iranian companies in oil projects.

VP calls for shift from business intelligence to AI in oil industry

SHANA (Tehran) – The Vice President for Science, Technology, and Knowledge-Based Economy emphasized the need to focus on the integration of artificial intelligence (AI) in the oil industry, stating that in order to reach AI, business intelligence must first be achieved.

Parliament speaker urges managing energy consumption with effective methods

SHANA (Tehran) – The Speaker of Parliament said that when citizens were asked to reduce their energy consumption by two degrees, they cooperated, resulting in daily savings of over 40 million cubic meters of gas, as he emphasized the need to manage energy consumption through proper methods.

SPGC daily injection of sweet gas into national network stands at 585 mcm

SHANA (Tehran) – The official overseeing centralized reservoirs in Asaluyeh at the South Pars Gas Complex (SPGC) announced that 585 million cubic meters of sweet gas are injected daily from 13 South Pars gas refineries into the country’s national gas pipelines.

Paknejad:

Oil Ministry, Parliament’s Energy Committee join hands to address energy shortages

SHANA (Tehran) – Iranian Oil Minister Mohsen Paknejad said that discussions with members of the Energy Committee of the Parliament resulted in a consensus around enhancing mutual cooperation to address energy shortages, adding that “The goal is to ensure fuel supply with minimal repercussions.”

Aref urges focus on finishing incomplete refinery projects

SHANA (Tehran) – The first vice president stated that the refining industry is considered a strategic industry for the country, emphasizing that priority in expanding refinery capacity should be given to incomplete development projects.

NIOPDC dismisses rumors of gasoline price hike

SHANA (Tehran) – National Iranian Oil Products Distribution Company (NIOPDC) on Sunday dismissed recent rumors regarding an increase in gasoline prices.

Oil industry can reliably use domestic technology: Deputy minister

SHANA (Tehran) – The deputy minister of oil for engineering, research, and technology said that for the first time, the number of domestic manufacturers has surpassed that of suppliers on Iran's Ministry of Oil's long list of producers, noting that domestic companies have reached a technological maturity, allowing the oil industry to confidently utilize their products.

NPC:

Survival of petrochemical industry dependent on innovation

SHANA (Tehran) – The managing director of the National Petrochemical Company (NPC) emphasized that the survival of the petrochemical industry relies on innovation, adding that this sector presents a significant market opportunity for domestic manufacturers.

CEO:

POGC plays great role in sustainable gas supply

SHANA (Tehran) – The CEO of Pars Oil and Gas Company (POGC) highlighted the company's significant role in ensuring the sustainable supply of gas in the country, stating that the company has consistently played an indispensable part in this effort with 13 refineries and 39 production and support platforms.

NIOPDC announces 36% rise in power plant fuel delivery in Tehran

SHANA (Tehran) – The director of the Tehran branch of the National Iranian Oil Products Distribution Company (NIOPDC) announced a 36% hike in liquid fuel deliveries to the province's power plants over the past two months saying, “The average daily gasoline consumption in Tehran is now 22 million liters, reflecting a 5% increase compared to the same period last year.”

VP says gov’t bent on combating fuel smuggling

SHANA (Tehran) – Iran's first vice president said the current administration is seriously committed to prevent fuel smuggling and tackling the fuel mafia, considering these issues vital to the country.

PSEEZ accounts for nearly half of Iran’s petchem production capacity

SHANA (Tehran) – The CEO of the Pars Special Economic Energy Zone (PSEEZ) announced that approximately $150 billion has been invested in the region, which accounts for nearly 50% of the country's petrochemical capacity with a production of about 45 million tons.

Iran increases daily diesel production by 15m liters under new gov’t

SHANA (Tehran) – A senior official from the National Iranian Oil Refining and Distribution Company (NIORDC) announced an increase of 15 million liters in the country's daily diesel production over the four months of the new government's term.

NIGC says 50 mcm of gas could be saved through efficient consumption

SHANA (Tehran) – The managing director of the National Iranian Gas Company (NIGC) announced that 95% of the country's population uses natural gas, emphasizing that optimizing gas consumption could lead to savings of 50 million cubic meters.

MoU inked on leveraging petchem industry to manage gas consumption

SHANA (Tehran) – A memorandum of understanding on “Collaboration for a 10% reduction in gas and electricity consumption in residential and commercial sectors” was signed between the National Iranian Gas Company (NIGC) and the National Petrochemical Company (NPC) to promote energy efficiency and consumption management.

'Days of pride for oil industry of Iran'

Shana (Tehran) – The minister of oil, conveying the President Masoud Pezeshkian's gratitude to oil industry staff across production, transportation, and distribution sectors, stated, "These are special and proud days for the nation's oil industry." 

President: Resolving shortages, easing public challenges top priorities

SHANA (Tehran) – President Masoud Pezeshkian said that the government is compelled to confront fundamental challenges, including structural imbalances.

Oil minister: No challenges in Iran’s oil sales

SHANA (Tehran) – The oil minister addressed rumors about problems with oil sales, dismissing them as baseless and part of psychological operations by adversaries. "We currently have no issues with selling oil," he said, adding "Measures have been taken to ensure we face minimal challenges in the future."

Energy minister: Oil Ministry striving to maximize power plant fuel supply

SHANA (Tehran) – The energy minister praised public cooperation in energy conservation and stated that the Oil Ministry is working diligently to ensure fuel supply for power plants.

CBI governor:

Iran’s crude sales have not decreased

SHANA (Tehran) – The governor of the Central Bank of Iran (CBI) stated that rumors suggesting China will reduce its purchase of Iranian oil in the future are completely false, noting that both oil production and investments are on the rise.

NIGC: Gas supply stable, no outages reported

SHANA (Tehran) – The head of the National Iranian Gas Company (NIGC) explained the reasons for the energy imbalance and emphasized the importance of public participation in the "2 Degrees Less" campaign, stating: "Thanks to ongoing efforts, there have been no gas outages so far, and we hope to maintain this trend."