Shana

Government spox: 

Domestically-produced gasoline meets Euro 4 standards

SHANA(Tehran) - The government spokesperson addressed recent reports regarding the quality of domestically produced gasoline, stating that it meets Euro 4 standards. 

President: Reducing temp. by two degrees can save 50 mcm of gas

SHANA (Tehran) - President Masoud Pezeshkian said that lowering the temperature by just two degrees could save up to 50 million cubic meters of gas.

Oil minister:

Public cooperation needed to stabilize gas network

SHANA (Tehran) – The Iranian minister of oil outlined key decisions from the 189th (Ordinary) Meeting of the Conference of the Organization of the Petroleum Exporting Countries (OPEC), emphasizing the importance of public cooperation for stabilizing the gas network. 

Over 95% of equipment indigenized for Shazand Oil Refinery

SHANA (Tehran) – The managing director of the Shazand Oil Refinery announced that over 95% of the parts and equipment required for the refinery have been localized, expressing hope that, with continued collaboration with domestic manufacturers and producers, this figure could reach 100% by the end of the year.

Gas consumption in residential sector expected to reach 650 mcm

SHANA (Tehran) – The director of the National Gas Network Operations Control Center announced that with the arrival of new cold fronts, daily gas consumption in the residential, commercial, and small industrial sectors hit a record high of 600 million cubic meters on December 9.

189th Meeting of OPEC Conference concludes

SHANA (Tehran) – The 189th (Ordinary) Meeting of the Conference of the Organization of the Petroleum Exporting Countries (OPEC) convened today, December 10, 2024, under the Chairmanship of its President, Marcel Abeke, Minister of Petroleum of the Gabonese Republic and Head of its Delegation.

Speaking at 189th OPEC Meeting

Paknejad: OPEC continues cooperation with non-OPEC partners

SHANA (Tehran) – Iranian Oil Minister said OPEC continues cooperation with non-OPEC partners.

OPEC re-elects Secretary General al-Ghais for second term

SHANA (Tehran) – The Organization of the Petroleum Exporting Countries re-elected current secretary general Haitham al-Ghais for a second three-year term at a virtual meeting today.

Iranian gas refineries on high alert for stable production: NIGC

SHANA (Tehran) – The director of coordination and production supervision at the National Iranian Gas Company (NIGC) announced that the country’s gas refineries are fully prepared as temperatures drop nationwide and an intense cold front is expected to hit next week.

Diesel production sets record high

SHANA (Tehran) – The country’s average diesel production in the first 17 days of the ninth month of Iranian calendar reached 124 million liters per day, marking an increase of 13 million liters compared to the daily average during the first five months of this year (13th administration).

NIDC reports over 980 specialized drilling operations in eight months

SHANA (Tehran) – The Director of Special Drilling Services at the National Iranian Drilling Company (NIDC) announced the completion of 981 specialized drilling operations during the first eight months of the current Iranian year (March 20-November 20).

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.