Sakhavat Asadi made the remarks on Saturday noting that, "Thanks to the efforts, our teams on the platforms have achieved a daily production record of 712 million cubic meters of gas."

He emphasized that the South Pars gas field is the largest gas field in the world, stating that this production level is the highest recorded in recent years and is sent to 13 refineries.

Asadi pointed out that there are eight refineries in the Asaluyeh zone and five in Kangan and the gas delivered to shore at these refineries is processed and injected into the main network.

He stated that a total of 860 million cubic meters of gas is processed or sweetened and injected into the national network daily, noting that this amount exceeds the total gas consumption of Europe.

No restrictions in household sector

He explained that 90% of the country's electricity generation relies on gas, warning that if gas supply cannot be secured in the coming days, liquid fuels will need to be used instead.

The CEO reported that around 111 million cubic meters of gas were supplied to power plants. Currently, fuel consumption in these plants is around 64 million liters of diesel and 42 million liters of mazut, totaling 106 million liters of liquid fuel.

Asadi emphasized the importance of public participation in energy consumption management campaigns, stating, "Joining the campaign to set thermostats two degrees lower will not cause any issues for our fellow citizens in the northeast and other parts of the country."

He reiterated that a total of $150 billion has been invested in the PSEEZ, highlighting its critical role in the national economy.

Daily production of 700,000 barrels of gas condensate

The CEO announced that the PSEEZ currently produces 700,000 barrels of gas condensate daily, with about 480,000 barrels sent to the Persian Gulf Star Oil Company in Hormuzgan for gasoline production, which constitutes about 45% of the country's gasoline production capacity.

Asadi stated that South Pars is considered the most strategic area in Iran, generating 70% of the country’s gas and home to 50% of the national petrochemical industry.

He noted that roughly 50% of the feedstock for petroleum products also comes from this region, adding that all officials, from governors to other state and national officials, are working to keep this vital industry, a crucial part of Iran’s economy, operational.