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$3.5bn Invested in Tehran Refinery Upgrading
SHANA (Tehran) - Tehran’s oil refinery is among the oldest and leading oil refining facilities in Iran. It is instrumental in producing vital fuels like gasoline, gasoil and jet fuel. With a refining capacity of 250,000 b/d of crude oil and enjoying a strategic location near Tehran, the facility has a major share in national energy supply. Upgrading the quality of petroleum products has been a priority of the Ministry of Petroleum under the 14th administration. That would require upgrading the refinery.
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Generative AI: A new path to value creation in petchem industry
SHANA (Tehran) – The head of information systems and digital transformation at the National Petrochemical Company (NPC) highlighted the need to integrate artificial intelligence into the petrochemical industry, saying generative AI can help design, evaluate and execute production scenarios and goals simultaneously, while also supporting marketing and new product development.
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Iran proposes measures to strengthen global standing of GECF
SHANA (Tehran) – The director general of OPEC, Assemblies, and International Organizations Affairs at Iran’s Ministry of Petroleum said the Iranian oil minister will present a proposal to strengthen the international position of the Gas Exporting Countries Forum (GECF) during its 27th Ministerial Meeting.
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Digital mindset key to petrochemical industry’s growth
SHANA (Tehran) – Hossein Alimorad, director of planning and development at the National Petrochemical Company (NPC), emphasized the need to redefine governance structures and institutions to achieve digital governance, saying that fostering a digital-oriented mindset is essential for realizing digital transformation.
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NPC, ICT Ministry collaborate on education equity, smart schools
SHANA (Tehran) – The National Petrochemical Company (NPC) has been tasked by the president to work with the Ministry of Information and Communications Technology (ICT) on promoting education equity and smart schools, NPC Managing Director Hassan Abbaszadeh announced. The initiative is currently underway, with results expected in the coming months.
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27 years of steady production:
South Pars Gas Complex from 1998 to 2025
SHANA (Tehran) - The South Pars Gas Complex has processed and delivered more than 2.36 trillion cubic meters of natural gas to Iran’s national grid over the past 27 years, the company’s managing director said, marking the 27th anniversary of its founding.
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GECF: From an Iranian idea to a global energy force
SHANA (Tehran) – The Gas Exporting Countries Forum (GECF), an institution with more than two decades of activity that holds over 70 percent of the world’s proven natural gas reserves, was born from an Iranian initiative. The forum is now preparing to elect its new secretary-general during its 27th ministerial meeting in Doha, Qatar.
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OPEC Aug. Output Up 478,000 b/d
SHANA (Tehran) - According to its latest report, OPEC saw its August oil production reach 27.498 mb/d, up 478,000 b/d month-on-month.
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Power plants lead, but households close the gap in weekly gas use
SHANA (Tehran) – Natural gas consumption by households, businesses and small industries continued to climb in the third week of October, reaching more than 1.604 billion cubic meters, while power plants used about 1.763 billion cubic meters during the same period — marking a close competition between the two major consumers.
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Research and tech: Petchem industry’s smart development arm
SHANA (Tehran) — The National Petrochemical Company’s (NPC) managing director described the Petrochemical Research and Technology Company (PRTC) as a valuable asset for the industry and called for the optimal use of its knowledge-based capacities to advance the sector.
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Shazand refinery raises feedstock capacity, carries out overhaul after eight years
SHANA (Tehran) – The CEO of Shazand Oil Refining Company announced that the refinery’s crude oil feedstock capacity has increased from 250,000 barrels per day to 265,000 barrels, enabling the production of more than 16 million liters of gasoline daily.
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Gas transmission network fully prepared for winter
SHANA (Tehran) – The CEO of the National Iranian Gas Company (NIGC) praised the dedication and sacrifices of employees across the country’s 10 gas transmission districts, emphasizing full readiness of the transmission network for the cold season and continued stability of gas flow nationwide through improved management and modernized approaches.
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Installation of downhole pump completed at South Yaran Oil Field
SHANA (Tehran) – The installation of an electric submersible pump (ESP) in one of the wells at the South Yaran oil field development project has been successfully completed by the field’s engineers and technical staff.
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How has Iran’s gas transmission network prepared for winter
SHANA (Tehran) – In the first half of 1404, the Iranian Gas Transmission Company implemented its most extensive overhaul, pipeline expansion, and compressor station capacity increase programs to ensure a safe and stable passage through the winter peak. Despite seasonal changes, the volume of gas transmission across the country has remained nearly constant.
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Round-the-clock effort at SP ensures steady winter gas supply
SHANA (Tehran) – Thousands of hours of nonstop work at South Pars are keeping Iran’s natural gas flowing without interruption. With offshore and onshore teams operating day and night, the field’s staff are working tirelessly to maintain stability in gas production ahead of the winter season. Careful maintenance planning and equipment overhauls have played a crucial role in sustaining energy supply across the country.
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Energy management system to be implemented in petchem industry
SHANA (Tehran) – Ali Rabani, director of energy consumption optimization at the National Petrochemical Company (NPC), announced plans to implement an energy management system across Iran’s petrochemical industry. He urged holding companies and petrochemical firms to make full use of available resources for the system’s deployment.
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Energy optimization equal to six phases of South Pars:
A new opportunity for energy operators
SHANA (Tehran) – Iran’s Seventh Development Plan aims to prevent the daily waste of energy equivalent to 1.285 million barrels of oil, or more than 150 million cubic meters of natural gas — a target that creates an attractive market and valuable opportunity for private sector energy operators and technology firms.
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SP supplies 73% of gas during peak consumption
SHANA (Tehran) – The CEO of South Pars Gas Complex announced that the complex supplied more than 73% of the country’s gas needs during peak winter demand, describing it as the backbone of Iran’s energy supply.
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$800m allocated to modernize drilling equipment
SHANA (Tehran) – The National Iranian Oil Company (NIOC) has allocated $800 million to overhaul and modernize the drilling rigs and operational equipment of the National Iranian Drilling Company (NIDC), the company’s managing director announced.
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Deputy minister:
Iran, Russia to boost cooperation in energy technology
SHANA (Tehran) – Iran’s deputy oil minister said Iranian specialists and companies possess expertise in many fields that can be shared with Russian counterparts, while Iranian firms also stand to benefit from Russian technologies in key areas.
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South Pars pressure boosting: Key to managing Iran’s gas balance
SHANA (Tehran) – The managing director of Pars Oil and Gas Company said the South Pars pressure-boosting project plays a vital role in managing the country’s gas balance in the coming years and emphasized the need to prioritize its financing.
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NIOC takes major step to boost oil recovery at Ahvaz field
SHANA (Tehran) – The CEO of the National Iranian Oil Company (NIOC) emphasized the importance of the Ahvaz oil field as the country’s largest, saying the new project marks a significant move toward increasing the recovery factor and advancing national oil industry policies aimed at implementing enhanced oil recovery (EOR) methods.
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Pars pipeline project to reduce reliance on fuel tankers
SHANA (Tehran) – The deputy oil minister said the Pars pipeline project will significantly reduce dependence on road tankers and save billions of tomans in fuel transportation costs. He added that this year, the refining and fuel distribution sector has achieved favorable performance across various areas.
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Emphasis on clean energy development in Seventh Development Plan
SHANA (Tehran) – The head of the Parliament’s Energy Committee said one of Iran’s main priorities is moving toward clean energy, announcing that a specific share of the country’s electricity must be generated from renewable sources, including solar and wind power plants, under the Seventh Development Plan.
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Contract signed to build Pars Oil Products Pipeline
SHANA (Tehran) – A contract has been signed to construct the Pars Oil Products Pipeline (Mehraaran–Fasa–Shiraz) with a transfer capacity of 73,000 barrels per day and an investment value of €150 million.
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Lawmaker says fuel reserves in good condition
SHANA (Tehran) – The spokesman for the Iranian Parliament’s Industries and Mines Committee said reports indicate that the country’s fuel reserves are in good condition and that, with public cooperation, Iran will get through the winter with minimal problems.
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Uninterrupted, above-target gas production at Khangiran Gas Refinery
SHANA (Tehran) – The Khangiran Gas Refinery in northeastern Iran maintained uninterrupted and above-target gas production during the four cold months of 1403, marking the most stable performance among the country’s gas refineries, according to the plant’s operations chief.
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Iran’s daily household gas consumption exceeds 214 mcm
SHANA (Tehran) – Domestic, commercial and small-scale industrial gas consumption rose in mid-Mehr (October 4-10), reaching a daily average of 214.5 million cubic meters, according to official data.
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Iran distributes $55b worth of fuel annually
SHANA (Tehran) – The managing director of the National Iranian Oil Products Refining and Distribution Company said $55 billion worth of fuel is distributed across Iran each year — a figure he described as enormous and beyond imagination. He emphasized that digital transformation and data-driven governance play a crucial role in preventing the waste of the country’s vast fuel resources.
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South Pars offshore platform overhauls near completion
SHANA (Tehran) – The director of production and operations at the Pars Oil and Gas Company announced that major overhaul operations on South Pars’ offshore platforms will be completed by the end of Mehr.