Shana

Energy Operator Companies: A new model for public-private partnership in Iran’s gas sector

SHANA (Tehran) – The director of integrated planning at the National Iranian Gas Company (NIGC) stressed the importance of implementing the “operator company” model to foster private sector participation across the company’s operational chain, saying the main goal of this initiative is to optimize energy consumption and boost efficiency.

Pazan holds Iran’s largest onshore gas reserve

SHANA (Tehran) – The Pazan field has been identified as Iran’s largest onshore gas reservoir in terms of both gas-in-place and recoverable reserves, according to Mohyeddin Jafari, director of exploration at the National Iranian Oil Company (NIOC).

Battle of water and fire: South Pars ready for winter

SHANA (Tehran) – The 1404 major overhaul operations of the South Pars offshore gas platforms have reached over 90% completion and are now in their final stages. The overhaul, launched earlier this year to boost production stability, enhance safety, and prepare for the cold season, is nearing completion thanks to the round-the-clock efforts of Pars Oil and Gas Company (POGC) personnel.

Khangiran Gas Refinery completes overhaul, ensures peak winter production

SHANA (Tehran) – The head of the overhaul department at Khangiran Gas Refinery announced the completion of the refinery’s general overhaul, saying this round of maintenance has ensured stable and maximum production for the coming winter. “Safety and quality were the key achievements of this period, and all operations were carried out with the highest efficiency,” he said.

Ready for winter: Khangiran gas refinery operating at full capacity

SHANA (Tehran) – The managing director of the Khangiran gas refinery announced that the facility achieved a record output of 58.042 million cubic meters of gas per day last winter — the highest in its 42-year history. He said the refinery, the only producer of natural gas in northeastern Iran, is now fully prepared for the cold season.

Paknejad:

Oil production growth, export records achieved despite sanctions

SHANA (Tehran) – Iran’s oil minister announced a daily production increase of more than 120,000 barrels and said crude exports have reached record levels in recent months despite sanctions. He added that the possible reactivation of the “snapback” mechanism poses no new concern for oil sales.

New details revealed on Paznan field discovery

SHANA (Tehran) – The director of exploration at the National Iranian Oil Company (NIOC) has released new details about recently discovered reserves in the Paznan field, announcing the identification of two new reservoir layers — a gas reservoir estimated at 10 trillion cubic feet and an oil reservoir with recoverable reserves of 200 million barrels.

Oil Ministry-task force collaboration boosts fuel reserves

SHANA (Tehran) – The head of Iran’s National Energy Imbalance Task Force said fuel reserves have improved compared with last year, crediting close cooperation between the Oil Ministry and the task force as key to managing the country’s energy supply and demand.

Overhaul of 29 South Pars platforms completed

SHANA (Tehran) – The head of production and operations at the Pars Oil and Gas Company announced the completion of major overhauls on 29 offshore gas platforms in the South Pars field, adding that maintenance work on the remaining six platforms will be finished in the coming days, ahead of the country’s peak gas consumption season.

Rise in residential gas use begins; daily average reaches 206 mcm

SHANA (Tehran) – Data from the first week of the Iranian month of Mehr show that power plants continue to dominate natural gas consumption, while residential, commercial, and small industrial users recorded a steady increase, averaging more than 206 million cubic meters per day.

Oil Minister announces discovery of major gas, oil reserves

SHANA (Tehran) — Iran’s oil minister announced the discovery of significant new gas and oil reserves in the Pazan field, located in the southern part of Fars Province, saying the find could help offset the country’s future energy imbalance.

Power plant diesel stockpiles up 128%, reaching record 3.2b liters

SHANA (Tehran) – Iran’s deputy oil minister said the country’s diesel stockpiles for power plants have risen 128% from last year, reaching a record 3.2 billion liters.

Oil Ministry ensures energy stability from summer heat to winter cold

SHANA (Tehran) – The Iranian Oil Ministry successfully managed the country’s gas supply to power plants during peak summer demand in 1404 and is now preparing to ensure a stable energy supply for the upcoming winter through refinery overhauls, expanded gas storage injections, and increased liquid fuel reserves.

Five provinces account for 40% of Iran's gasoline consumption

SHANA (Tehran) – Five Iranian provinces – Tehran, Khorasan Razavi, Fars, Isfahan and Kerman – were identified as the country's largest consumers of gasoline, using more than 5 billion liters in the summer, accounting for 40% of the nation's total consumption.

Gas injection into storage facilities up 13%

SHANA (Tehran) – Gas injection into underground storage facilities has increased by 13 percent compared with last year to ensure stable gas supply during the winter.

Oil minister reviews winter fuel supply preparedness

SHANA (Tehran) – The oil minister and his deputies convened a meeting Saturday, Oct. 4, to review the latest measures ensuring stable fuel supply across the country ahead of the cold season.

Tehran Province tops national gasoline consumption

SHANA (Tehran) — Tehran province recorded the highest gasoline use in Iran during the summer of 1404, consuming more than 1.884 billion liters — about 15% of the country’s total consumption.

Measures by Ministry of Oil to increase production, ensure winter fuel supply

SHANA (Tehran) - Iran's oil minister outlined measures taken to ensure winter fuel supply this year, stating that actions have been implemented to increase raw gas production (both onshore and offshore), which will contribute to the amount of gas delivered to the national grid.

Iran delivers 50.2 bcm of gas to power plants in H1

SHANA (Tehran) – Iran supplied 50.2 billion cubic meters of natural gas to power plants in the first half of the irannian year 1404, marking a 2 billion cubic meter increase compared with the same period last year, the Oil Ministry announced.

Oil Engineering Olympiad seen as key to attracting talent

SHANA (Tehran) – The deputy oil minister for engineering, research and technology said holding the Oil Engineering Scientific and Research Olympiad is an important step toward fulfilling the Leader’s call to engage top talent in developing new technologies for the oil industry.

NIOC ready to share risks, support university innovations

SHANA (Tehran) – The CEO of the National Iranian Oil Company said innovative and technological ideas must deliver practical results, adding that the company is prepared to shoulder the operational costs and risks of implementing such projects in the oil industry.

NIOC, NDF plan joint model to boost oil, gas output

SHANA (Tehran) – The head of the National Iranian Oil Company announced a new model of cooperation with the National Development Fund, using diverse investment methods to increase oil and gas production.

Oil production hits record high with development projects

SHANA (Tehran) – Iran has broken its oil production record for the first time in seven years following new development measures in its oil fields, the oil minister said.

Paknejad honors firefighters, stresses safety in oil industry

SHANA (Tehran) – Oil Minister Mohsen Paknejad marked September 29, National Firefighting and Safety Day, as an opportunity to honor the tireless efforts of firefighters who work around the clock to save lives, protect national assets and safeguard the country’s vital facilities.

Khangiran gas field powers eastern Iran with safe overhauls

SHANA (Tehran) – The head of Khangiran operational zone said that despite sandstorms, extreme heat, and even a 12-day war, the workforce carried out more than 170,000 safe work hours of overhauls to prepare the facilities for maximum production in winter.

Summer gasoline demand in Iran surges to highest level in years

SHANA (Tehran) – Iran’s gasoline consumption hit a record high this summer, totaling about 12.5 billion liters, with an average daily use of 134.3 million liters, according to the National Iranian Oil Products Distribution Company.

Iran sets new power plant gas consumption record at 27 bcm

SHANA (Tehran) – Power plants in Iran consumed more than 27 billion cubic meters of natural gas during the summer months, setting a new record in fuel supply.

NIOC focuses on boosting output, capturing associated gas

SHANA (Tehran) — The National Iranian Oil Company is centering its plans on boosting production and capturing associated gas despite external pressures and sanctions, the company’s chief said Wednesday.

Oil minister:

Snapback mechanism won’t create new restrictions on oil sales

SHANA (Tehran) – Iran’s oil minister said Wednesday that the snapback mechanism would not create new obstacles to crude oil sales, stressing that the government has plans in place should challenges arise.

Iran boosts oil production by 14,000 barrels a day

SHANA (Tehran) — Iran has increased output at the Cheshmeh-Khosh oil field by 14,000 barrels a day after launching a mobile desalting unit, raising total daily production to 114,000 barrels, the head of the Petroleum Engineering and Development Company (PEDEC) said Wednesday.