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Utilities pricing arbitration seen as step toward smarter petrochemical regulation
SHANA (Tehran) – The vice chairman of Parliament’s Energy Committee said arbitration over the pricing of auxiliary services marks a move toward smarter regulation in Iran’s petrochemical industry and could pave the way for an independent regulator aligned with international energy governance standards.
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Privatizing oil; a driver for energy projects
SHANA (Tehran) – A member of Parliament’s Energy Committee emphasized the constructive role of the private sector, stating that the Oil Ministry's strategy of involving the private sector in oil and gas industry projects, and relying on its capacities, could undoubtedly benefit the national economy and accelerate the development of the oil industry.
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Strategic oil industry plans approved to boost production
SHANA (Tehran) – Strategic plans in the oil and power sectors aimed at increasing production and strengthening the country’s energy supply were approved on Monday at a meeting of the Economic Council.
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Effective use of domestic capabilities to address energy challenges
SHANA (Tehran) – A member of parliament's Energy Committee emphasized the effective use of domestic capabilities and expert human resources to address energy sector challenges and achieve development goals.
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Oil Ministry turns to private sector in key development move
SHANA (Tehran) – The deputy chairman of the Parliament’s Energy Committee, praising the Oil Ministry’s reliance on the private sector, stressed that this trust is undoubtedly key to attracting investment in the country's oil and gas industries.
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Gas grid remains stable during peak demand
SHANA (Tehran) - The stability of the country's gas grid during peak consumption periods is due to the efforts of oil and gas industry personnel.
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Iran reports mazut quality upgrades, emissions cuts in push to reduce air pollution
SHANA (Tehran) – Iran has upgraded mazut quality at its refineries, launched crude-oil desulfurization projects and cut daily gas flaring by up to 14 million cubic meters as part of broader efforts to curb air pollution, the head of the Environmental Protection Organization said.
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Gas optimization contracts mark start of energy efficiency push
SHANA (Tehran) – The vice chairman of Iran’s Parliament Industry and Mines Committee praised the National Iranian Gas Company for signing contracts with gas optimization firms, calling the move a significant step and the start of a new path in energy efficiency.
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Other ministries urged to follow gas optimization model
SHANA (Tehran) – A member of Iran’s parliamentary Energy Committee said gas “aggregator” companies are expected to deliver significant savings in natural gas consumption and urged other ministries to adopt the same energy-efficiency model.
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Boosting energy output without efficiency is futile, lawmaker says
SHANA (Tehran) – The spokesman for Iran’s parliamentary Energy Committee said optimizing energy consumption has become critical, warning that even higher domestic energy production would be ineffective without major efficiency measures.
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Operator companies best model for gas-use optimization: MP
SHANA (Tehran) – The head of the Parliament’s Environmental Caucus said economic losses from air pollution total about $20 billion a year, underscoring the need for special attention to energy-efficiency measures, and added that using the capacity of so-called performance companies is the best way to operationalize gas-consumption optimization.
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MP urges Energy Optimization and Strategic Management Organization plans on the track of justice
SHANA (Tehran) – The spokesperson for the Parliament’s Energy Committee announced a meeting with the head of the Energy Optimization and Strategic Management Organization, calling for setting the plans of the body, based on energy optimization, justice in subsidy distribution as well as boosting efficiency and equipments.
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MPs discuss NIOC’s share in budget resources
SHANA (Tehran) – The spokesman of the Iran’s parliamentary Planning and Budget Committee announce the completion of talks on National Iranian Oil Company’s share in income resources of the next year’s budget bill.
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Lawmakers allocate resources to Optimization Fund
SHANA (Tehran) – Iranian lawmakers agreed a bill in an open session on Sunday to dedicate one percent of oil and gas exports revenues (in rial) to the Optimization Fund.
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Performance-based pay seen as driver of energy project execution
SHANA (Tehran) – President Masoud Pezeshkian emphasized the need to accelerate the launch of monitoring systems for major energy projects, saying that adopting performance-based payment mechanisms in their operational frameworks can boost contractors’ motivation and speed up implementation.
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Direct energy credits seen as way to eliminate rent-seeking
SHANA (Tehran) – President Masoud Pezeshkian said the government’s reforms to gasoline and diesel pricing aim to eliminate rent-seeking and capital flight by depositing energy credits directly and fairly into people’s bank accounts.
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Parliament committee reviews oil provisions in upcoming budget
SHANA (Tehran) – The spokesperson for the Parliament’s Energy Committee announced that the oil portion of next year’s budget bill was reviewed by the commission and stated: The amount of oil sales in the 1405 budget is roughly similar to this year.
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Fight against fuel smuggling must start at the source, president says
SHANA (Tehran) – President Masoud Pezeshkian said designing and implementing a coherent system to monitor the fuel supply chain is the most effective way to manage consumption and prevent smuggling. He emphasized that priority should be given to targeting those within the system who facilitate the diversion of fuel from official channels.
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Fuel supply for power plants in good condition
SHANA (Tehran) – The head of Iran’s parliamentary Energy Committee said the country’s liquid fuel reserves for power plants are in good shape this year, following challenges in November and December last year.
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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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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.
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Oil Ministry supplied fuel for agricultural machinery, MP says
SHANA (Tehran) – The Oil Ministry has supplied the fuel needed for agricultural machinery, but shortcomings in distribution and the fuel release process fall under the management of the Agriculture Ministry, the head of parliament’s Agriculture Commission said.
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Oil project launches signal oil industry’s unstoppable momentum
SHANA (Tehran) – A member of Iran’s parliamentary Energy Committee said the launch of major oil projects, including the country’s largest oil and gas processing facility, demonstrates that the oil industry remains unstoppable despite existing constraints.
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Second Azadegan CTEP boosts oil output, jobs, supply chain resilience
SHANA (Tehran) — The opening of the second train of the central processing unit at the South Azadegan shared oil field will play a key role in sustainable development in the West Karoun region by expanding stable processing capacity, stabilizing production, strengthening the transfer chain and creating jobs, the deputy head of Parliament’s Energy Committee said.
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Petrochemicals emerge as a key driver of wealth creation
SHANA (Tehran) – A presidential adviser said Iran’s petrochemical industry could become one of the country’s main engines of wealth creation and economic growth by easing investment procedures, cutting red tape, tapping small-scale foreign currency investments and leveraging the capacity of new technology-based firms.
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10% energy savings can ease major challenges, Pezeshkian says
SHANA (Tehran) – President Masoud Pezeshkian emphasized the need to reform energy consumption patterns, saying that saving just 10% of resources — particularly energy — could resolve a significant portion of the country’s challenges, including livelihoods, salary payments, infrastructure development and national security.
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Pezeshkian: Controlling gas flaring is a priority
SHANA (Tehran) – President Masoud Pezeshkian said that controlling gas flaring is a priority.
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New South Azadegan CTEP boosts crude output
SHANA (Tehran) – The spokesman for Parliament’s Energy Committee said the launch of the second train of the Central Processing and Export Terminal (CTEP) at the South Azadegan joint oil field is a key step toward offsetting production shortfalls, increasing oil output and countering sanctions under current conditions.
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Iran aims to become regional energy trading hub
SHANA (Tehran) – Iran will become a regional hub for energy trading by expanding its energy commerce, the country’s first vice president said.