Shana

ICOFC daily gas output up by 10 mcm in four months

SHANA (Tehran) – The CEO of the Iranian Central Oil Fields Company (ICOFC) announced that the company has increased daily gas production from onshore fields by 10 million cubic meters (mcm) as crude oil production increased by 13,000 barrels over the past four months.

Gas consumption for residential, commercial sectors up 20%

SHANA (Tehran) – The spokesperson for the National Iranian Gas Company said Sunday that gas consumption in the residential, commercial, and small-scale industrial sectors increased by 20% compared to the same day last year.

At the meeting of the High Council for Strategic Development of Seventh Development Plan:

Plan offered to address energy imbalances in gas sector

SHANA (Tehran) – The High Council for Strategic Development, chaired by the First Vice President Mohammadreza Aref, convened to discuss housing development and energy imbalance mitigation programs in the gas sector as part of the Seventh Development Plan (2024-28).

Paknejad:

South Pars pressure boost project top priority

SHANA (Tehran) – Oil Minister Mohsen Paknejad emphasized the urgency of the South Pars pressure boost project, stating it is “more needed than daily bread” for Iran.

Over 870 mcm of sweet gas injected into national grid on Saturday

SHANA (Tehran) – The spokesperson for the National Iranian Gas Company announced that 872 million cubic meters of sweet gas were injected into the national grid on Saturday, with 74% of it consumed by households, commercial sectors, and small industries.

SP refinery processes nearly 15 bcm of gas in nine months

SHANA (Tehran) – The director of the fifth refinery at the South Pars Gas Complex announced that approximately 14.79 billion cubic meters (bcm) of gas were processed at the facility over the first nine months of the current Iranian year.

Gas production from South Pars Phase 11 increases

SHANA (Tehran) – The CEO of Petropars Group announced an increase in gas production from Phase 11 of South Pars (Well No. 12) following acidizing operations, stating that this achievement is the result of unity and collaboration within the group.

Petchem investment to address 220 mcm gas shortfall

SHANA (Tehran) –The secretary-general of the Petrochemical Employers Association emphasized that the petrochemical industry is focusing on investing in oilfields, stating that the implementation of 10 memorandums of understanding (MoUs) between the National Iranian Oil Company (NIOC) and petrochemical holdings will help address the country’s gas imbalance by adding 220 million cubic meters of gas.

Residential gas consumption hits 75% of total usage

SHANA (Tehran) – The spokesperson for the National Iranian Gas Company announced that residential, commercial, and small industrial sectors consumed 635 million cubic meters (mcm) of sweet gas, accounting for 75% of the total gas supplied to the national grid.

Parliament speaker:

Producing one cubic meter of gas requires $8 investment

SHANA (Tehran) – Parliament Speaker Mohammad-Baqer Qalibaf emphasized on Thursday that producing one cubic meter of gas requires an $8 investment, but imbalances in the energy sector cannot be resolved through investment in production alone.

Residential gas consumption increases amid cold weather

SHANA (Tehran) – Residential, commercial, and small-scale industrial gas consumption surged to 617 million cubic meters (mcm) on Wednesday due to colder temperatures, according to Hassan Mousavi, spokesperson for the National Iranian Gas Company (NIGC).

Paknejad:

Iran’s gas production in full swing to get through winter

SHANA (Tehran) – The minister of oil emphasized the need to manage consumption alongside increasing the country’s energy production capacity, stating that gas production is currently operating at full capacity to ensure passage through the winter months.

Acidizing operation on Seventh Well of SP Phase 11 completed

SHANA (Tehran) – The project manager for the development of Phase 11 of South Pars announced the completion of the acidizing operation on the seventh well of the SPD11B platform in the shared South Pars gas field.

Daily CNG consumption in Iran exceeds 21 mcm

SHANA (Tehran) – The manager of the CNG project at the National Iranian Oil Products Distribution Company announced that over 21 million cubic meters (mcm) of compressed natural gas (CNG) are consumed daily in Iran.

NIGC:

Ensuring gas network stability requires consumption management

SHANA (Tehran) – The deputy minister of oil for gas affairs emphasized that the current stability of the national gas network is a result of effective network management and the cooperation of all institutions and citizens with the National Iranian Gas Company (NIGC).

NIGC:

Household daily gas consumption reaches 590 mcm

SHANA (Tehran) – The spokesperson for the National Iranian Gas Company (NIGC) reported that gas consumption in the household, commercial, and small-scale industrial sectors has reached 590 million cubic meters (mcm).

Third Refinery of SP produces over 14m barrels of gas condensate in nine months

SHANA (Tehran) – The South Pars Gas Complex's third refinery produced 14.086 million barrels of gas condensate in the first nine months of the current Iranian year (started March 20), according to refinery director Mohammad-Shafi Moazeni.

Iran appoints new representative to OPEC Board, IEF

SHANA (Tehran) – The Iranian minister of oil appointed Ali-Mohammad Mousavi as the new representative of the Islamic Republic of Iran to the OPEC Board of Governors, the Executive Board of the Gas Exporting Countries Forum (GECF), and the International Energy Forum (IEF).

Daily gas production at South Pars hits record high of 714 mcm 

SHANA (Tehran) – The deputy for operations and support at Pars Oil and Gas Company (POGC) announced a record daily production of 714 million cubic meters (mcm) of gas at the South Pars field.

Average delivery of gas to national grid rises

SHANA (Tehran) – Since the beginning of the tenth month of the current Iranian year (December 21), the average delivery of sweet gas to the national grid has amounted to 857 million cubic meters (mcm) per day, which is 31 mcm more than the same period last year.

POGC:

First gas well of SP infill drilling project to go online soon

SHANA (Tehran) – The managing director of Pars Oil and Gas Company (POGC) announced that the first gas well of the South Pars Infill Drilling Project will be operational within the next month.

NIOC plans to establish AI department

SHANA (Tehran) – The managing director of the National Iranian Oil Company (NIOC) announced plans to create a specialized artificial intelligence (AI) department during the closing ceremony of the Shahid Tondgouyan Digital Oil and Gas Fields Competition on Sunday.

NIOC stresses need to boost gas storage in Eastern Iran

SHANA (Tehran) – Hamid Bovard, CEO of the National Iranian Oil Company (NIOC), emphasized the importance of enhanced technical management and gas storage planning in eastern Iran.

Gas consumption increases by 80 mcm in residential sector

SHANA (Tehran) – Head of the NIGC Dispatching Department Gholamreza Koushki announced a decrease in the average temperature during the first week of Dey (the 10th month of Iranian calendar year) compared to the same period last year.

Deputy oil minister:

Oil Ministry responsible for fuel supply as consumption management lies with Energy Ministry

SHANA (Tehran) – The deputy oil minister for gas affairs emphasized the division of responsibilities in energy management, stating that the Oil Ministry handles fuel supply while the Energy Ministry oversees consumption.

IGTC:

Stable gas supply maintained during first week of winter

SHANA (Tehran) – The CEO of the Iran Gas Transmission Company (IGTC) announced that natural gas supply has remained stable during the first week of winter, with maximum operational efforts underway to address a gas leak at the Shahid Mostafavi gas pressure-boosting station.

President urges energy consumption management

Iran consumes $35b worth of gas annually

SHANA (Tehran) – President Masoud Pezeshkian stated that $35 billion worth of gas is consumed annually in the country, emphasizing the importance of conservation.

Collaboration among South Pars energy firms to be strengthened

SHANA (Tehran) – A meeting was held between the CEOs of South Pars Oil and Gas Company (SPOGC), the Pars Special Economic Energy Zone Organization, and the South Pars Gas Complex (SPGC) to enhance cooperation and strengthen synergies among oil and gas companies operating in the South Pars region.

NIGC:

Iran sets record in sweet gas production, transmission

SHANA (Tehran) – The deputy oil minister for gas affairs announced that daily sweet gas production in the country’s refineries has reached a record high of 865 million cubic meters (mcm).

NIOPDC:

50% increase in liquid fuel supply to power plants registered in four months

SHANA (Tehran) – The National Iranian Oil Products Distribution Company (NIOPDC) announced a 50% increase in liquid fuel delivery to power plants during the past four months compared to the same period last year.