Shana

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.

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.

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.

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.

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.

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.

Gov’t shifts to multi-fuel energy policy: Deputy minister

SHANA (Tehran) – Iran’s Oil Ministry is moving away from single-fuel policymaking and overreliance on natural gas as the government adopts a new approach to addressing the country’s energy imbalance, a senior official said Tuesday.

Energy use intensity remains high

Daily injection of 850 mcm of gas into national network

SHANA (Tehran) – The CEO of the National Iranian Gas Company said Monday that despite restrictions caused by sanctions, the company is injecting about 850 million cubic meters of gas into the national network each day. He described the country’s energy use intensity as high and stressed that improving consumption in schools could drive a major shift in national energy management.

PBO reports on implementation of fuel card policy

SHANA (Tehran) – The head of the Plan and Budget Organization presented a report to the cabinet on efforts and coordination related to implementing the government’s resolution on regulating gasoline station fuel cards.

40th OPEC and non-OPEC Ministerial Meeting Press Statement

40th OPEC+ meeting sets course for market stability through 2026

SHANA (Tehran) – OPEC and its non-OPEC allies reaffirmed their long-standing cooperation framework and extended current crude production levels through the end of 2026 during their 40th ministerial online meeting on Sunday, November 30, underscoring their commitment to stabilizing global oil markets amid ongoing volatility.

Drilling of Belal development wells begins

SHANA (Tehran) – The head of the National Iranian Oil Company announced the start of drilling operations for development wells at the Belal field, relying on the expertise of Iranian engineers.

Household gas use nears 3 bcm in one week

SHANA (Tehran) - Natural gas consumption in household, commercial and small industrial sectors reached nearly 3 billion cubic meters during the final week of Aban as colder weather drove up demand.

Operation of 2 Petrochemical Projects

Attracting private investment remains a priority

SHANA (Tehran) - The CEO of the National Petrochemical Company emphasized the industry’s commitment to the private sector’s role in petrochemicals, saying attracting genuine private investment is one of the company’s main policies. “We must facilitate and support investors to make their path smoother,” he added.

Iran distributes 53m liters of gasoline daily using emergency fuel cards

SHANA (Tehran) - About 53 million liters of gasoline are distributed daily in Iran using station emergency fuel cards, the head of the National Iranian Oil Products Distribution Company said.

Mechanism for fuel quotas on newly registered vehicles to Be decided by working group

SHANA (Tehran) - The oil minister said a working group made up of relevant agencies will determine the mechanism and timeline for ending gasoline quotas for newly registered vehicles. He said the decision will be based on consensus and aligned with economic and social conditions.

Residential gas use tops 480 mcm a day

SHANA (Tehran) – Residential, commercial and small-scale industrial gas consumption surged as temperatures dropped, reaching more than 481 million cubic meters on the first day of Azar (November 22), according to the National Iranian Gas Company.

Gas deliveries to power plants exceed plan

SHANA (Tehran) - The managing director of the National Iranian Gas Company said gas supplied to power plants during late October to late November was far above the levels agreed to in the company’s plan.

Iran delivers over 390m liters of low-sulfur mazut to power plants

SHANA (Tehran) – The head of the National Iranian Oil Refining and Distribution Company said 391 million liters of low-sulfur mazut had been delivered to four thermal power plants by late November.

No current problems selling oil: Oil minister

SHANA (Tehran) – Oil Minister Mohsen Paknejad said Iran is not facing any problems selling its oil and has prepared contingency plans should restrictions tighten.

Petchem sector meets all first-year goals of Seventh Development Plan

SHANA (Tehran) – The head of Iran’s National Petrochemical Company said the petrochemical industry achieved 100% of its first-year targets under the Seventh Development Plan and called for stricter safety inspections and stronger process-safety systems.

Hasheminejad Gas Refinery on winter standby to ensure stable production

SHANA (Tehran) – The CEO of the Shahid Hasheminejad Gas Refining Company said regular overhauls, intelligent process management, and dedicated, round-the-clock efforts are key to the company's success, particularly in maintaining gas production during cold weather.

Daily diesel consumption drops by 3-5m liters through bodies cooperation

SHANA (Tehran) – The head of the National Iranian Oil Products Distribution Company said the significant price difference between domestic and border prices for oil products is the main driver of smuggling. He announced that through coordinated efforts, daily diesel consumption has recently fallen by 3 to 5 million liters.

First cargo of imported premium gasoline on Iran Energy Exchange today

SHANA (Tehran) – The head of Iran’s National Iranian Oil Products Distribution and Refining Company (NIORDC) says the country will offer its first cargo of imported premium gasoline on the Iran Energy Exchange on Tuesday.

Police chief says fuel price gap is the main driver of smuggling

SHANA (Tehran) – Iran’s top police commander called for stronger coordination among law enforcement, the Oil Ministry, the Roads and Urban Development Ministry, the Agriculture Ministry, the judiciary and the headquarters for combating currency and goods smuggling to fight fuel smuggling. He said the gap between domestic fuel prices — heavily subsidized by the government — and prices in neighboring countries has encouraged smuggling by offering “less effort and higher income” for some people.

Data-driven systems seen as key to curbing fuel smuggling;

NIORDC: Power plant diesel stocks double

SHANA (Tehran) – The head of the National Iranian Oil Refining and Distribution Company (NIORDC) said data-driven governance and smart supply-and-consumption systems are the main tools for combating fuel smuggling. He added that the country’s diesel reserves for power plants have doubled compared with the same period last year.

Household gas use tops 400 mcm a day

SHANA (Tehran) – Natural gas consumption in Iran’s household, commercial and small industrial sectors surpassed 400 million cubic meters per day last week as colder weather set in, reaching about 2.726 billion cubic meters for the week. The highest daily use was recorded Wednesday at roughly 401 million cubic meters.

Major oil industry goal: Collecting 43 mcm of flare gas daily

SHANA (Tehran) – The head of the Oil Ministry’s flare gas recovery task force said that, following direct instructions from the president and special measures by the oil minister, projects to recover associated and flare gas are advancing at an unprecedented pace. The goal is to collect more than 40 million cubic meters per day of flare gas by the end of Iranian year 1406.

Reforming financial terms; prerequisite for meeting oil production goals

SHANA (Tehran) – A deputy oil minister warned that without a reform of its financial relationship with the government, the National Iranian Oil Company (NIOC) – the nation's largest economic enterprise – risks bankruptcy in the coming years.

Tehran Refinery overhaul: A major step toward higher quality, sustained production

SHANA (Tehran) – Tehran Oil Refinery has taken a significant step toward improving production quality and reducing operational risks by completing its general overhaul in just 18 days with the highest standards. This overhaul, carried out with an emphasis on modern technologies and domestically manufactured equipment, not only enhanced the performance of operational units but also reduced environmental emissions.

Tehran Refinery completes overhaul with round-the-clock efforts by 2,000 workers

SHANA (Tehran) – The Tehran Oil Refining Company has completed a major overhaul of its facilities in just 18 days, thanks to the nonstop efforts of more than 2,000 workers, according to Mohammad Ali-Hashemi, the company’s maintenance and repair manager.