Shana

SP supplies 73% of gas during peak consumption

SHANA (Tehran) – The CEO of South Pars Gas Complex announced that the complex supplied more than 73% of the country’s gas needs during peak winter demand, describing it as the backbone of Iran’s energy supply.

$800m allocated to modernize drilling equipment

SHANA (Tehran) – The National Iranian Oil Company (NIOC) has allocated $800 million to overhaul and modernize the drilling rigs and operational equipment of the National Iranian Drilling Company (NIDC), the company’s managing director announced.

Deputy minister:

Iran, Russia to boost cooperation in energy technology

SHANA (Tehran) – Iran’s deputy oil minister said Iranian specialists and companies possess expertise in many fields that can be shared with Russian counterparts, while Iranian firms also stand to benefit from Russian technologies in key areas.

South Pars pressure boosting: Key to managing Iran’s gas balance

SHANA (Tehran) – The managing director of Pars Oil and Gas Company said the South Pars pressure-boosting project plays a vital role in managing the country’s gas balance in the coming years and emphasized the need to prioritize its financing.

Emphasis on clean energy development in Seventh Development Plan

SHANA (Tehran) – The head of the Parliament’s Energy Committee said one of Iran’s main priorities is moving toward clean energy, announcing that a specific share of the country’s electricity must be generated from renewable sources, including solar and wind power plants, under the Seventh Development Plan.

Contract signed to build Pars Oil Products Pipeline

SHANA (Tehran) – A contract has been signed to construct the Pars Oil Products Pipeline (Mehraaran–Fasa–Shiraz) with a transfer capacity of 73,000 barrels per day and an investment value of €150 million.

Lawmaker says fuel reserves in good condition

SHANA (Tehran) – The spokesman for the Iranian Parliament’s Industries and Mines Committee said reports indicate that the country’s fuel reserves are in good condition and that, with public cooperation, Iran will get through the winter with minimal problems.

South Pars offshore platform overhauls near completion

SHANA (Tehran) – The director of production and operations at the Pars Oil and Gas Company announced that major overhaul operations on South Pars’ offshore platforms will be completed by the end of Mehr.

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).

Land use planning decree for petrochemical industry enforced

SHANA (Tehran) – The executive decree on land use planning for the petrochemical industry has been officially communicated to petrochemical holding companies and firms, according to the National Petrochemical Company (NPC).

More than 80% of recoverable gas extracted from Nar field

SHANA (Tehran) – The managing director of South Zagros Oil and Gas Production Company highlighted the critical role of gas compression stations in maintaining production from gas fields, saying that more than 80% of the recoverable gas from the Nar field has been extracted so far.

OPEC reports rise in Iran’s oil output in September

SHANA (Tehran) – The Organization of the Petroleum Exporting Countries (OPEC) reported that the group’s total oil production rose by 524,000 barrels per day (bpd) in September, reaching 28.44 million bpd. Iran’s output increased by 44,000 bpd to 3.25 million bpd during the same month, according to OPEC’s latest monthly report released in October.

President: Ensuring power, gas for producers is a gov’t priority

SHANA (Tehran) – President Masoud Pezeshkian said ensuring a reliable supply of electricity and gas for manufacturers and industrialists is a definitive priority for his administration.

IRENEX aims to optimize gas use, curb fuel smuggling

SHANA (Tehran) – The Iran Energy Exchange (IRENEX) has become an effective tool for optimizing consumption, financing energy projects and combating fuel smuggling by creating a transparent platform for gas and oil products.

Methanol value chain projects planned for Lamerd Economic Zone

SHANA (Tehran) – The head of the National Petrochemical Company (NPC) highlighted the strategic role of the Lamerd Special Economic Zone in advancing Iran’s petrochemical industry and reducing crude sales, announcing extensive plans to complete the methanol value chain in the region.

Record set for power plant fuel storage

SHANA (Tehran) – The head of the National Iranian Oil Products Distribution Company announced that diesel fuel consumption dropped by 3 million liters over the past six months, while storage at power plants reached more than 3.2 billion liters — a new record ahead of the cold season.

Completing the value chain, key to petchem industry growth

SHANA (Tehran) – The CEO of the National Petrochemical Company emphasized the importance of completing the value chain in Iran’s petrochemical sector, saying that Fars Province offers favorable conditions for establishing small-scale, low-water-consuming industrial units. He noted that several gas and industrial companies are currently investing in the southern part of the province.

ICOFC Plans 10 mcm boost in gas production

SHANA (Tehran) – The Engineering and Construction Department of the Iranian Central Oilfields Company (ICOFC) announced plans to increase daily natural gas production by up to 10 million cubic meters from the Dey, Tous, and Khartang fields, while maintaining output from other operational fields.

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.

South Pars sets new record in propane, butane production

SHANA (Tehran) – The managing director of South Pars Gas Complex announced a new record in propane and butane production during the first half of the current Iranian year, crediting the achievement to improved efficiency, optimized production processes, and the round-the-clock efforts of the company’s workforce.

Gas tariffs for high consumers to rise steeply

SHANA (Tehran) – The managing director of Tehran Gas Company urged citizens to prepare for the cold season by following safety measures and using energy efficiently, warning that gas tariffs for high-consuming households will be calculated at the highest residential rate this winter if excessive use continues.

With Phase 2 completed,

Abadan Refinery products to see quality boost

SHANA (Tehran) – The managing director of Abadan Oil Refining Company announced that efforts are underway to complete the remaining sections of Phase 2 and launch Phase 4 of the Abadan refinery to enhance the quality of refined products.

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.

Support for NTBFs, key to petrochemical downstream growth

SHANA (Tehran) – The director of research, technology, and domestic manufacturing at the National Petrochemical Company (NPC) emphasized the need for intelligent support of new technology-based firms (NTBFs), the development of local technologies, and the creation of a sustainable value chain to secure Iran’s share in regional and global petrochemical markets.

AOGPC oil production at full swing

SHANA (Tehran) – The CEO of the National Iranian South Oilfields Company announced that the Aghajari Oil & Gas Production Company (AOGPC) has reached its maximum oil production capacity despite various challenges.

Completion of Sarajeh gas storage expansion set for mid-March

SHANA (Tehran) – The managing director of the Iranian Gas Engineering and Development Company announced that the Sarajeh gas storage expansion project in Qom will be completed by the end of the Iranian year 1404 (March 2026), emphasizing its strategic role in ensuring stable gas supply during the cold season.

Oil Ministry adviser:

Fixing energy imbalance requires expert commitment

SHANA (Tehran) – The Oil Ministry’s energy optimization adviser said addressing Iran’s energy imbalance requires firm determination and expert-driven action, free from political influence.

Well pressure equalization completed on South Pars platforms

SHANA (Tehran) – The director of production and operations at Pars Oil and Gas Company announced the successful completion and operation of the well pressure equalization project on South Pars platforms, aimed at improving the restart process of wells after production shutdowns and reducing the time required to resume output.

Roots of imbalance, rising winter pressure on gas resources

SHANA (Tehran) – The deputy chairman of the Iranian Parliament’s Energy Committee said broad subsidies, shallow-tiered tariffs, and declining upstream investment are the main roots of the country’s energy imbalance. He added that the high share of gas in power generation, the slow pace of renewable energy development, and increased electricity use for heating in some regions have intensified pressure on gas resources during the winter.