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Gas consumption hits 655 mcm in household, commercial sectors
SHANA (Tehran) – Natural gas consumption in Iran’s household, commercial and small industrial sectors reached 655 million cubic meters on Sunday as cold weather persisted, according to the National Iranian Gas Company.
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Iran oil minister visits Assaluyeh
SHANA (Tehran) – Iran’s oil minister traveled to Assaluyeh on Monday, accompanied by senior oil industry officials, to inspect projects in the Pars Special Energy Economic Zone.
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OPEC+ producers reaffirm commitment to market stability, maintain voluntary output curbs
SHANA (Tehran) – The eight OPEC+ countries, which previously announced additional voluntary adjustments in April and November 2023, namely Saudi Arabia, Russia, Iraq, the UAE, Kuwait, Kazakhstan, Algeria, and Oman met virtually on January 4, 2026, to review global market conditions and outlook.
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Stable gas output at South Pars Phase 12 refinery
SHANA (Tehran) – The head of the South Pars Phase 12 refinery said stable and maximum gas production during the cold season remains the top priority, noting that the refinery has set new production records by relying on domestic expertise, fully supporting Iranian manufacturers and strictly observing health, safety and environmental (HSE) standards.
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Oil Ministry steps up drive to end gas flaring
SHANA (Tehran) – For decades, flaring associated gas at oil fields has been an economic and environmental challenge for Iran, symbolizing the waste of national resources. Now, the Oil Ministry says it is moving decisively to halt the practice, posting a sharp increase in flare-gas collection under a coordinated national program. Official figures show a 460% rise in performance in this area.
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Household gas use hits 621 mcm
SHANA (Tehran) – Gas consumption in the household, commercial and small industrial sectors reached 621 million cubic meters on Saturday, as cold weather persisted.
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Uncertainty in US policy biggest challenge for oil market in 2026
SHANA (Tehran) – The former head of international affairs at the National Iranian Oil Company said the global oil market in 2026 will be shaped more than anything else by uncertainty over US tariff policies and the responses of Washington’s trading partners — a factor that could keep global oil demand under pressure and prevent a sharp rise in prices.
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Household gas consumption tops 620 mcm
SHANA (Tehran) – Natural gas consumption in the household, commercial and small industrial sectors reached 621 million cubic meters on Jan. 2, accounting for 72% of the total gas delivered to Iran’s national network.
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New GECF secretary-general takes office
SHANA (Tehran) – Philip Mshelbila of Nigeria officially assumed his duties as secretary-general of the Gas Exporting Countries Forum on Jan. 1, succeeding Algeria’s Mohamed Hamel, who completed his four-year term.
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Daily household gas consumption hits 656 mcm
SHANA (Tehran) – Household, commercial and small industrial gas consumption reached 656 million cubic meters on Thursday, accounting for 75% of total gas delivered to Iran’s national grid, the National Iranian Gas Company said.
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Supporting domestic manufacturers is a national strategy
SHANA (Tehran) – The commercial manager of the South Pars Gas Complex said supporting domestic manufacturers is a national strategy and a top priority for the complex, noting that 95% of the goods and equipment required by South Pars’ 13 refineries were sourced domestically in the first nine months of the current year.
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Gas consumption in Tehran hits record high of over 111 mcm
SHANA (Tehran) – Tehran’s gas consumption has surged to an unprecedented level amid a sharp drop in temperatures, the spokesperson for Tehran Province Gas Company said.
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Fajr Jam Gas Refining Company ready to ensure stable gas supply in winter
SHANA (Tehran) – The operations manager of Fajr Jam Gas Refining Company said the company is fully prepared to operate at maximum capacity during the cold season, stressing that stable gas production in line with its commitments is a top priority and that all safety, health and environmental (HSE) requirements are being fully observed.
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No stalled receivables from oil exports
SHANA (Tehran) – The financial director of the National Iranian Oil Company denied reports that $8 billion in revenue from crude oil and gas condensate exports has not been collected, saying there are currently no stalled receivables.
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NIGC says national gas network stable; calls for efficient consumption
SHANA (Tehran) – The head of the National Iranian Gas Company said the country’s gas network remains stable, adding that gas consumption by the household, commercial and small industrial sectors is forecast at about 685 million cubic meters on Wednesday, the coldest day of the year.
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Average household gas consumption rises by over 40 mcm
SHANA (Tehran) – The head of dispatching at the National Iranian Gas Company said average household gas consumption during the first 10 days of the Iranian month of Dey reached 645 million cubic meters, up 41 million cubic meters from the same period last year, as colder weather drove demand higher.
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National grid receives 877 mcm of gas on Tuesday
SHANA (Tehran) – Iran’s oil minister said 877 million cubic meters of light (sweet) gas were injected into the national grid on Tuesday, adding that despite colder weather and rising household and commercial demand, the country’s gas network has remained stable through professional management and round-the-clock efforts by employees of the National Iranian Gas Company.
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Petchem production, exports rise in first eight months of 1404
SHANA (Tehran) – The head of the National Petrochemical Company said petrochemical production and exports increased in the first eight months of the current Iranian year despite constraints caused by wartime conditions.
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Petrochemical industry plays key role in national economy, oil minister says
SHANA (Tehran) – Oil minister underscored the petrochemical industry’s pivotal role in the national economy, saying the sector is vital to foreign currency earnings, job creation and completing the value chain and that its issues should be pursued through a joint task force.
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Paknejad: Petrochemical investment in gas fields key to securing feedstock
SHANA (Tehran) – Oil minister emphasized the petrochemical industry’s role as a key economic driver, saying one way to ensure a stable supply of feedstock is for petrochemical companies themselves to invest in developing gas fields—an approach that has been welcomed and is supported by appropriate legal frameworks.
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Petchem firms fetch $6.7b in forex to Iran
SHANA (Tehran) – The secretary-general of the Petrochemical Industry Employers Association said petrochemical companies supplied $6.7 billion in foreign currency to Iran’s Gold and Currency Exchange Center in the first nine months of the current year.
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Completion of drilling at 10th well of South Pars Phase 11
SHANA (Tehran) – The CEO of the Petropars Group announced the successful completion of drilling at the 10th well on Platform B of South Pars Phase 11, saying the well’s connection to the network will add about 2.5 million cubic meters per day to Iran’s gas production capacity.
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PetroPark bridges ideas to market
SHANA (Tehran) – The head of research and technology at the National Iranian Oil Company underscored the key role of the Petroleum Industry Innotech Park (PetroPark) in completing the chain from idea to market, saying closer interaction between the research and technology management and the park can help address real challenges in the oil industry.
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Gas consumption management requires a national approach
SHANA (Tehran) – The head of the National Iranian Gas Company said effective energy consumption management requires a national approach, warning that the country’s gas network cannot withstand fragmented or ad hoc decisions. Building trust in gas consumption management, he said, can only be achieved over the long term through transparency, honesty and avoiding sector-based approaches.
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Localization of technology key to boosting gas output at SP
SHANA (Tehran) – The head of the South Pars Phase 10 refinery said reliance on domestic technical know-how has strengthened production stability, reduced foreign dependence and expanded byproducts, driven by Iranian specialists.
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Law on removing production barriers seen as key tool for infrastructure development
SHANA (Tehran) – Oil Minister Mohsen Paknejad said Article 12 of the Law on Removing Barriers to Competitive Production is one of the most effective legal tools for boosting output, reducing energy waste and financing the country’s infrastructure and development projects.
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OPEC’s tough year: A quarter of oil’s value lost
SHANA (Tehran) – OPEC’s oil basket ended 2025 down 24% from the previous year after a period of sharp volatility.
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Tehran, Moscow seek deeper strategic energy cooperation
SHANA (Tehran) – The Iran-Russia Joint Energy Working Group met under the leadership of Iran’s deputy oil minister for international affairs and commerce and Russia’s deputy energy minister, stressing the need to operationalize strategic memorandums of understanding between the two countries.
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Paknejad answers lawmakers’ questions of Oil Ministry
SHANA (Tehran) – The spokesman for Iran’s parliamentary Energy Committee said the oil minister appeared before the commission to respond to questions from several lawmakers.
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Oil minister presses ahead with energy-savings program
SHANA (Tehran) – The head of parliament’s Civil Engineering Committee said the oil minister is strongly committed to implementing Article 12 of the Law on Removing Obstacles to Production and has taken the right approach, with funds generated from energy savings already paid to some agencies and yielding acceptable results.