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Petroleum Minister Meets with GECF Sec. Gen.
SHANA (Tehran) -- Iranian Minister of Petroleum Javad Owji held talks with the Secretary General of the Gas Exporting Countries Forum (GECF) Mohammed Hamel on Thursday and discussed latest development in global gas market.
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Iran Adds 60mcm/d to its Gas Production Capacity: NIGC Head
SHANA (Tehran) -- Iran’s natural gas production capacity increased by 60 million cubic meters per day in last Iranian calendar year (ended March 19, 2024), said the head of National Iranian Gas Company (NIGC) here on Thursday.
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Owji: Iran’s gas debt to Turkmenistan paid
SHANA (Tehran) – Iran’s Oil Minister Javad Owji on Wednesday said his country’s gas debt to Turkmenistan has been cleared.
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Iran, Turkmenistan sign five cooperation documents
SHANA (Tehran) – Iran and Turkmenistan here on Tuesday signed five documents to boost their cooperation in different fields.
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CBI: Oil and gas sector posts highest industrial growth in autumn
SHANA (Tehran) – The latest report of the Central Bank of Iran (CBI) showed that the country’s oil and sector witnessed the highest economic growth in autumn and the first nine months of the current Iranian calendar year 1401, which started on March 21, 2022.
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CEO: Annual South Pars LPG production up 42%
SHANA (Tehran) – The managing director of the South Pars Gas Complex (SPGC) on Monday announced a 42 percent increase in the annual production of liquefied petroleum gas (LPG).
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Owji talks of good deals with China, record sour gas output, SP Phase 11 launch
TEHRAN (Shana) – Iran’s oil minister on Saturday talked of good agreements with giant Chinese companies, record annual production of sour gas, and launch of Phase 11 of South Pars (SP) gas field.
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South Pars Gas Output at 705mcm/d
TEHRAN (Shana) -- Gas recovery from the giant South Pars offshore gas field, which Iran shares with Qatar, has reached 705 mcm/d. Minister of Petroleum Javad Owji has said natural gas consumption by domestic and business sectors has increased 60 mcm/d year-on-year. A review of Iran’s gas consumption through the 1986-2016 period indicates a 10% growth in gas consumption, which requires renewed production to head off any shortages in cold months. That is why efforts are under way to reverse the upward trend in gas consumption.
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Gas, Iran Bargaining Chip
TEHRAN (Shana) -- Iran's gas export and equations for the transfer of theclean energy to its neighboring countries is a program that is being pursued more and more by the PetroleumMinistry. In the latest move, Iran's Minister of Petroleum Javad Owji has held intensive negotiations with senior Turkish officials to extend the gas and energy trade agreement, which seems to be a very important issue in the economic relations between the two countries.
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Iran to Boost LPG, Propane, Butane Exports in South Pars
TEHRAN (Shana) -- The engineering director of the South Pars Gas Complex stated that the preparations for equipping the LPG export jetty for the National Iranian Gas Company (NIGC) in South Pars have been put on the agenda, adding that with its completion, the export of liquified petroleum gas (LPG), propane and butane in this complex will accelerate.
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GECF to Supply 74% of Global Gas by 2050
TEHRAN (Shana) -- The Gas Exporting Countries Forum (GECF) expects 74% of the world's natural gas production by 2050 to be provided by new projects that will start in the future.
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Bidboland Refinery Processes Nearly 4 bcm in 9 Months
TEHRAN (Shana) -- The CEO of Bidboland Gas Refining Company announced that from the beginning of the current Iranian calendar year which began on March 21, processed more than 3.9 billion cubic meters of gas.
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South Pars Condensate Output at 700kb/d
TEHRAN (Shana) -- The head of production coordination and supervision of South Pars Gas Complex (SPGC) said SPGC is currently producing over 700,000 barrels of gas condensate and exports 480,000 tons/year of sulfur to east Asia.
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Iran Annual Gas Consumption beyond 228 bcm
TEHRAN (Shana) -- The director of coordination of gas supply of National Iranian Gas Company (NIGC) said Iran’s annual gas consumption is over 228 billion cubic meters of which 70% is consumed in the industrial sector.
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SPGC Gas Production Fully Sustainable
TEHRAN (Shana) -- The CEO of South Pars Gas Complex said by taking effective and extensive measures and in order to maintain the stability of gas production, the power plant, substations and power lines of the complex are fully prepared for maintaining sustainable production.
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35 Pacts with Academic, Scientific Centers
TEHRAN (Shana) -- Realization of objectives set for a jump in knowledge-based production, revising instructions, bylaws as well as research project procedures for facilitation are among top priorities of the Office of Deputy Minister of Petroleum for Engineering, Research and Technology. This Office has adopted a comprehensive plan to follow up on 50 major subjects.
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9-Month Output of Ilam Gas Refinery up 9%
TEHRAN (Shana) -- The CEO of Ilam Gas Refining Company announced a 9% increase in output and a 16% rise in sales of the company's items in the first nine months of the current Iranian calendar year which began on March 21.
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Fajr Jam Refinery Processes 15 bcm Gas in 9 Months
TEHRAN (Shana) -- The CEO of Fajr Jam Gas Refining Company, referring to the cold season of the year and the stability of production in this company, stated: “In the first 9 months of this [calendar] year, about 15 billion cubic meters of gas have been processed in this company.”
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Iran Boosts Gas Output by 6.5 mcm/d
TEHRAN (Shana) -- The CEO of Gachsaran Oil and Gas Production Company stated in recent days, with the initiatives that were taken, “we managed to add 6.5 million cubic meters per day to the country's gas output.”
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New Record Set in Iran Gas Production
TEHRAN (Shana) – Iranian Minister of Petroleum Javad Owji said: “In these days, the highest amount of gas recovery from independent and joint gas fields was set, which is a new record in the 13th government.”
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National Gas Distribution Network, Stable
TEHRAN (Shana) – Iranian Minister of Petroleum Javad Owji emphasized that the national gas distribution network is stable throughout the country.
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South Pars Phase-11 Development Plan ready for Startup Soon
TEHRAN (Shana) – The Iranian President said: “The supplementary operations of Phase-11 of South Pars continued strongly after the foreign companies pulled out of the project and will reach the final stages in the near future.”
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Hasheminejad Refinery Gas Output up 3 mcm/d
TEHRAN (Shana) – The CEO of Shahid Hasheminejad Gas Refinery announced the increase in gas production of the refinery by 3 million cubic meters per day despite the persistence of cold weather.
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Iran Plans Lifting Offshore Oil Output
TEHRAN (Shana) -- Iran’s comprehensive plan to increase oil output is followed up on in line with the objectives already envisaged for economic prosperity. Therefore, Petroleum Ministry has instructed National Iranian Oil Company (NIOC) with a plan to use its oil fields to increase oil output. Using offshore and onshore oil fields is among plans to that end with joint fields being prioritized. Here we review the Iranian Offshore Oil Company (IOOC)’s oil output hike. IOOC is tasked with operating oil and gas fields off the Persian Gulf.
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Exploration Talks with 3 Countries
TEHRAN (Shana) -- The head of exploration at National Iranian Oil Company (NIOC) has said talks have been held with three countries for implementation of oil and gas exploration projects.
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Focus on Caspian Sea Oil/Gas Swap
TEHRAN (Shana) -- Iran enjoys great potential for delivering oil, gas and petroleum products to regional and global markets, due to its geographical position and potential energy and mining reserves. Having such potential in mind, efforts have started to put the country on the path to becoming the energy hub of the region. The first step was the signing a gas swap agreement for the delivery of Turkmenistan’s gas to Azerbaijan via Iran’s territory. Now, as the 13th administration is in its second year in office, the focus is on exporting products, bartering and swapping via the Caspian Sea, in which case, cooperation is planned with foreign firms including Russian companies.
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Flare of Bilal Gas Field Lit
TEHRAN (Shana) -- The CEO of Pars Oil and Gas Company (PGOC) announced that the flare of the Bilal gas field was lit as gas has reached the appraisal well of the offshore field.
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5% Rise in South Pars Gas Output
TEHRAN (Shana) -- The CEO of South Pars Gas Complex said over the past 23 days since December 22, more than 15 billion cubic meters of gas has been injected into the national distribution network by this complex, which is a 5% increase compared to the same period last year.
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High-Pressure Gas Network Stable in North, Northeast of Iran
TEHRAN (Shana) -- The Dispatching Director of the National Iranian Gas Company (NIGC) announced that the high-pressure gas network in the north and northeast of Iran is now stable.
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Iran Gas Distribution Network, Stable: Minister
MASHAD (Shana) -- The Iranian Minister of Petroleum, emphasizing on saving and optimizing gas consumption, announced that the gas network is stable throughout the country.