Shana

Second phase of NPC–NIGC launched to boost energy efficiency

SHANA (Tehran) – The National Petrochemical Co. (NPC) and the National Iranian Gas Company (NIGC) have signed a memorandum of understanding aimed at encouraging petrochemical companies to invest in natural gas efficiency and conservation projects.

President calls for creative solutions to improve energy efficiency

SHANA (Tehran) – President Masoud Pezeshkian stressed the need for innovative and creative solutions to better manage energy consumption.

Launch of third dehydration unit at Rag Sefid-1

The managing director of Aghajari Oil and Gas Production Company said the third dehydration and compression unit at the Rag Sefid-1 operational facilities has come online as part of the Oil Ministry’s and the 14th government’s broader policy to recover associated gas and reduce flaring.

CNG expansion saves 16m liters of gasoline daily

SHANA (Tehran) – Iran’s national CNG project manager says daily compressed natural gas sales have reached about 16 million liters, preventing the country’s gasoline consumption from climbing to an estimated 148 million liters per day — the equivalent output of several refineries.

Drilling of Belal development wells begins

SHANA (Tehran) – The head of the National Iranian Oil Company announced the start of drilling operations for development wells at the Belal field, relying on the expertise of Iranian engineers.

Fuel quotas for cars with reissued license plates will not be cut

SHANA (Tehran) – The head of the National Iranian Oil Products Distribution Company said gasoline quotas at the first-tier rate (1,500 tomans) and second-tier rate (3,000 tomans) will not be removed for vehicles that undergo license plate replacement, because “new-number vehicles” refers only to brand-new cars that have never been registered.

NIOC Sports Council chief appointed

SHANA (Tehran) – The CEO of the National Iranian Oil Company has appointed Mohammadreza Amirifard as head of the company’s Sports Council.

Governor-general: No mazut is being burned in Tehran

SHANA (Tehran) – Tehran Governor General Mohammadsadeq Motamedian said no mazut is being used as fuel anywhere in the province, emphasizing that the capital has about 4.2 million active motorcycles, more than 70 percent of which are over 20 years old and mostly worn out and polluting.

Ensuring nation’s energy security through strategic measures

SHANA (Tehran) – The production director of the Iranian Central Oil Fields Company (ICOFC) said precise and timely overhauls and maintenance programs have positioned the company as a key player in supplying winter fuel and safeguarding the nation’s energy security.

Gradual gasoline price reform aims to protect public welfare

SHANA (Tehran) - The executive vice president said gasoline prices will be adjusted gradually to help manage economic challenges while protecting people’s welfare.

Household gas use nears 3 bcm in one week

SHANA (Tehran) - Natural gas consumption in household, commercial and small industrial sectors reached nearly 3 billion cubic meters during the final week of Aban as colder weather drove up demand.

Strengthening private sector a key policy in Seventh Development Plan

SHANA (Tehran) — Executive Vice President described strengthening the private sector as a cornerstone of the country’s Seventh Development Plan, saying that transferring industry and production to private hands will pave the way for national progress.

Operation of 2 Petrochemical Projects

Attracting private investment remains a priority

SHANA (Tehran) - The CEO of the National Petrochemical Company emphasized the industry’s commitment to the private sector’s role in petrochemicals, saying attracting genuine private investment is one of the company’s main policies. “We must facilitate and support investors to make their path smoother,” he added.

Extensive diesel storage among key actions of administration

SHANA (Tehran) - The executive deputy to Iran’s president announced that large-scale storage of diesel for power plants has been one of the 14th government’s major initiatives in recent months.

Veep: Halting gasoline imports among key strategies of gov't

SHANA (Tehran) - Iran’s First Vice President said zero gasoline imports are among the main strategies of the 14th government.

President: Flaring-gas control must move faster

SHANA (Tehran) - President Masoud Pezeshkian said even a single day should not be lost in accelerating progress on projects aimed at capturing associated petroleum gas.

43% of fueling now done with station cards

SHANA (Tehran) - Government spokesperson Fatemeh Mohajerani said 43 percent of recent fuel purchases have been made using station-issued fuel cards. She added that all revenue generated from higher gasoline prices applied through these cards will be directed toward supporting household livelihoods.

Iran distributes 53m liters of gasoline daily using emergency fuel cards

SHANA (Tehran) - About 53 million liters of gasoline are distributed daily in Iran using station emergency fuel cards, the head of the National Iranian Oil Products Distribution Company said.

Mechanism for fuel quotas on newly registered vehicles to Be decided by working group

SHANA (Tehran) - The oil minister said a working group made up of relevant agencies will determine the mechanism and timeline for ending gasoline quotas for newly registered vehicles. He said the decision will be based on consensus and aligned with economic and social conditions.

Gov’t spox: Current fuel quotas cover 70% to 80% of citizens’ needs

SHANA (Tehran) – Iran’s government spokesperson said the existing gasoline quotas — 60 liters of subsidized fuel at 15,000 rials per liter and 100 liters at 30,000 rials per liter on personal fuel cards — will remain unchanged, adding that the quotas meet nearly 70% to 80% of citizens’ fuel needs.

Residential gas use tops 480 mcm a day

SHANA (Tehran) – Residential, commercial and small-scale industrial gas consumption surged as temperatures dropped, reaching more than 481 million cubic meters on the first day of Azar (November 22), according to the National Iranian Gas Company.

Gas deliveries to power plants exceed plan

SHANA (Tehran) - The managing director of the National Iranian Gas Company said gas supplied to power plants during late October to late November was far above the levels agreed to in the company’s plan.

Khartang gas field to begin production ahead of schedule

SHANA (Tehran) – Daily production of 5 million cubic meters of gas from the Khartang field will begin earlier than planned, thanks to round-the-clock efforts by operational crews and in line with the goal of ensuring stable gas supplies for the winter.

NIOC after accelerating development of two fields

SHANA (Tehran) – The CEO of the National Iranian Oil Company has set a clear operational framework and timeline for each segment of the Khesht and Konartakhteh oil field development project, establishing deadlines to speed completion of its various components.

Iran delivers over 390m liters of low-sulfur mazut to power plants

SHANA (Tehran) – The head of the National Iranian Oil Refining and Distribution Company said 391 million liters of low-sulfur mazut had been delivered to four thermal power plants by late November.

Isfahan Oil Refinery flare gas recovery project progress at 85%

SHANA (Tehran) – The CEO of Isfahan Oil Refinery said the refinery’s flare gas recovery project has reached 85% physical progress and is scheduled to come online by the end of 2025. The project is being implemented with a budget of more than 6.8 million euros and 520 billion rials.

First premium gasoline trade completed on Iran Energy Exchange

SHANA (Tehran) – The first trade of premium gasoline at a base price was executed on the Iran Energy Exchange.

Appointment of acting public relations chief at NPC

SHANA (Tehran) – The National Petrochemical Company appointed Peyman Karimi as acting head of public relations, the company announced.

NPC appoints acting head of IT, communications

SHANA (Tehran) – The CEO of the National Petrochemical Company appointed Shahram Rezaei as acting director of the company’s Information and Communications Technology Department.

CEO Bovard appoints new NICO head

SHANA (Tehran) – Hamid Bovard, managing director of the National Iranian Oil Company, appointed Gholamreza Farahani on Saturday as the new chief executive of the Naftiran Intertrade Company (NICO), according to an official decree.