Shana

Declaration of Cooperation between OPEC, non-OPEC hits eight years

SHANA (Tehran) – The Declaration of Cooperation between OPEC member countries and non-OPEC oil-producing countries has turned eight on Tuesday, according to a press release by OPEC.

Gov’t spokesperson: Gasoline price hike not on agenda despite supply imbalance

SHANA (Tehran) – The government spokesperson said that while the imbalance in gasoline supply is a reality, there are no plans to increase gasoline prices.

Pezeshkian calls for reforming energy consumption to become shared responsibility

SHANA (Tehran) – President Massoud Pezeshkian said excessive consumption of gas and electricity puts a lot of pressure on the supply network, warning that “If we do not conserve, we may be forced to cut off gas supplies in winter.”

Iranian Central Oil Fields Company produces over 25% of Iran’s gas supply

SHANA (Tehran) – The caretaker of production management at the Iranian Central Oil Fields Company (ICOFC) announced that more than 25% of the country’s gas needs are met by this company.

Gas supply to vacant villas to be cut to ensure network stability

SHANA (Tehran) – The National Gas Control Center announced plans to disconnect gas services to vacant villas and garden properties in northern and colder regions of the country, starting Monday.

Gov’t spox:

Quick fixes no longer address structural energy shortages

SHANA (Tehran) – The government spokesperson said that the current structural energy shortages are not limited to the three years of late president Ebrahim Raisi’s administration or the eight years under president Hassan Rouhani.

NIOC exploration chief:

Iran’s High Exploration Council to be revived soon

SHANA (Tehran) – The director of exploration at the National Iranian Oil Company (NIOC) announced that the High Exploration Council is set to be reestablished in the near future as necessary correspondence with NIOC’s CEO has already been undertaken to facilitate its revival.

Bandar Imam Petrochemical Company breaks eight-year record for feedstock intake

SHANA (Tehran) – Bandar Imam Petrochemical Company (BIPC) set an unprecedented record for daily feedstock intake during the cold season over the past eight years, receiving more than 82,000 barrels of NGL feedstock daily.

CEO:

South Pars Gas Complex focuses on achieving sustainable gas production

SHANA (Tehran) – The managing director of South Pars Gas Complex announced that employees are working tirelessly to ensure a stable gas supply for the winter season.

Deputy minister:

Residential gas consumption in Dec. 2024 hits Feb. 2023 levels

SHANA (Tehran) – The CEO of National Iranian Gas Company (NIGC) announced that residential sector’s gas consumption on Saturday increased by 130 million cubic meters compared to the same period last year, matching the daily consumption levels recorded in February, 2023.

NIGC: Residential sector consumption makes up 70% of gas supplied to network

SHANA (Tehran) – The spokesperson for the National Iranian Gas Company (NIGC) announced that 70% of the gas delivered to the national network on Sunday was consumed by the residential, commercial, and small industrial sectors, marking a 25% increase compared to the same period last year. 

Second meeting on energy shortages held at Oil Ministry

SHANA (Tehran) – The second meeting on addressing and managing energy disequilibrium was hosted by the Ministry of Oil, with the participation of vice presidents and several ministers involved in economy.

GECF’s role in boosting natural gas in global market

SHANA (Tehran) – The Gas Exporting Countries Forum (GECF) plays a crucial role in enhancing international relations between producers and consumers, fostering constructive cooperation, and increasing the prominence of natural gas in the global energy market, according to the president of the 26th GECF Ministerial Meeting. 

Three resolutions, one statement approved at GECF Ministerial Meeting

SHANA (Tehran) – The deputy minister of international affairs and commerce at the Ministry of Oil announced that three resolutions as well as a statement were approved at the 26th Ministerial Meeting of the Gas Exporting Countries Forum (GECF).

Ministerial Statement of 26th Ministerial Meeting of GECF

GECF highlights pivotal role of gas in advancing UN Sustainable Development Goals

SHANA (Tehran) – The member states of the Gas Exporting Countries Forum (GECF) highlighted the pivotal role of natural gas in advancing the United Nations Sustainable Development Goals.

Iran’s OPEC governor highlights GECF's growing share in global energy

SHANA (Tehran) - Iran’s representative on the OPEC Board of Governors emphasized the increasing role of the Gas Exporting Countries Forum (GECF) in the global energy mix, forecasting a bright future for natural gas.  

GECF members condemn Israeli hostile actions against Iran: Deputy minister 

SHANA (Tehran) - The Deputy Minister for International Affairs and Commerce at Iran’s Ministry of Oil announced that all members of the Gas Exporting Countries Forum (GECF) condemned Israel's hostile actions against the Islamic Republic of Iran.

Minister:

Iran boosting oil production capacity regardless of US political future

SHANA (Tehran) - Iran's Oil Minister said increasing the country's oil production capacity has no connection to potential restrictions or their increase, adding that boosting production capacity is a priority for the Ministry of Petroleum under the 14th administration.

GECF Secretary-General remarks at 26th Ministerial Meeting in Tehran:

Gas consumption expected to increase by 34% by 2050

SHANA (Tehran) - Mohamed Hamel, Secretary General of the Gas Exporting Countries Forum (GECF), speaking at the 26th Ministerial Meeting in Tehran on Sunday highlighted the organization’s growth and future goals.

Paknejad: Iran’s annual natural gas production stands at 275bcm

SHANA (Tehran) – Iran's Oil Minister Mohsen Paknejad opened the 26th Gas Exporting Countries Forum (GECF) Ministerial Meeting in Tehran, emphasizing the importance of cooperation in the global energy sector, adding that the country’s annual natural gas production stands at 275 billion cubic meters.

GECF delegates visit Research Institute of Petroleum Industry

SHANA (Tehran) - Delegates from the ministerial meeting of the Gas Exporting Countries Forum (GECF) visited the scientific centers and laboratories of the Research Institute of Petroleum Industry (RIPI). 

GECF Secretary-General:

Ensuring gas supply security requires adequate investment

SHANA (Tehran) - The Secretary General of the Gas Exporting Countries Forum (GECF), Mohamed Hamel, said that supply and demand security are two sides of the same coin, noting that ensuring supply security relies on timely and sufficient investment.

GECF experts discuss gas markets in Tehran

SHANA (Tehran) - The Secretariat of the Gas Exporting Countries Forum (GECF) held three specialized workshops on the sidelines of the 26th GECF Ministerial Meeting in Tehran.

Deputy minister:

GECF meeting represents opportunity to deepen understandings

SHANA (Tehran) - Ali-Mohammad Mousavi, Deputy Minister for Trade and International Affairs said on Saturday that GECF meeting represents opportunity to deepen understandings.