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Clarifying fuel smuggling situation is a public demand: Paknejad
SHANA (Tehran) – Mohsen Paknejad, the minister of oil emphasized that clarifying the situation of fuel smuggling in the country is a public demand.
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Heads of branches of gov’t discuss energy imbalances
SHANA (Tehran) – A meeting to discuss solutions for addressing Iran’s major imbalances was held on Tuesday evening, December 31, 2024, hosted by President Masoud Pezeshkian. The session took place with the participation of Mohammad-Baqer Qalibaf, Speaker of the Parliament, Gholamhossein Mohseni-Ejei, Head of the Judiciary, and a group of senior officials from economic ministries.
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Comprehensive efforts by Oil Ministry to address energy imbalance
SHANA (Tehran) – The oil minister highlighted that the country faces a significant energy imbalance and said the ministry is fully committed to ensuring the fuel supply needed to address this issue.
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President: Gov’t will certainly stop fuel smuggling
SHANA (Tehran) – Iranian President Masoud Pezeshkian emphasized the government's commitment to combating daily fuel smuggling, calling it a significant waste of national wealth.
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First vice president:
Progress made in addressing energy imbalances
SHANA (Tehran) – Iran’s first vice president stated that current imbalances in the gas and electricity sectors are solvable with public cooperation noting that “Significant steps have been taken to address these imbalances, and we plan to share updates once the government’s efforts yield final results.”
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Major advancement for Bandar Abbas refinery in securing stable feedstock supply
SHANA (Tehran) – The CEO of Bandar Abbas Oil Refining Company announced the launch of a new pipeline supplying the refinery with a daily capacity of 300,000 barrels, eliminating the need for maritime transportation of feedstock.
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PEDEC emphasizes on preserving Hur al-Azim in Sohrab Oilfield development
SHANA (Tehran) – The CEO of the Petroleum Engineering and Development Company (PEDEC) emphasized the importance of protecting the Hur al-Azim wetland during the development of the Sohrab Oilfield at the ninth Joint Management Committee (JMC) meeting for the project.
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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).
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First AI-powered fuel tanker unveiled in Iran
SHANA (Tehran) – The National Iranian Oil Products Distribution Company (NIOPDC) unveiled the country’s first road fuel tanker equipped with artificial intelligence technology, according to Ali-Asghar Abbasi, deputy managing director of the company.
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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.
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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).
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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.
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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.
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Oil minister attends Economic Council meeting
SHANA (Tehran) – The 11th session of the Economic Council was held under the chairmanship of Mohammadreza Aref, first vice president, with the participation of Mohsen Paknejad, oil minister; Abbas Aliabadi, energy minister; Hamid Pourmohammadi, head of the Plan and Budget Organization; and other relevant officials in Tehran on December 30, 2024.
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Aref:
Power outages have dealt a heavy blow to production sector
SHANA (Tehran) – First Vice President Mohammadreza Aref emphasized the urgent need to address electricity imbalances through the construction of solar and wind power plants.
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Pezeshkian urges energy efficiency education in gov’t bodies
SHANA (Tehran) – The president stressed the need for training programs on efficient energy use across all government bodies, as well as promoting public awareness and education on energy conservation.
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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.
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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.
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NIOC head visits gas projects in eastern Iran
SHANA (Tehran) – Hamid Bovard, CEO of the National Iranian Oil Company, visited key gas projects in eastern Iran on December 28, 2024. His tour included inspections of the Tous Gas Field, Fat’h Rig 91, the CMF measurement center, and wells 47 and 85 in Khangiran.
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On Saturday
Over 106m liters of liquid fuel delivered to power plants
SHANA (Tehran) – Oil industry workers delivered over 106 million liters of liquid fuel to the country’s power plants on Saturday, marking a significant effort to meet winter fuel demands.
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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.
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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.
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Deputy oil minister visits key gas projects in eastern Iran
SHANA (Tehran) – Hamid Bovard, CEO of the National Iranian Oil Company, conducted a comprehensive visit to major gas projects in eastern Iran.
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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.
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Pipeline supplying Bandar Abbas Oil Refinery with 300,000-bpd capacity launched
SHANA (Tehran) – The CEO of the National Iranian Oil Refining and Distribution Company (NIORDC) announced the commissioning of a pipeline supplying feedstock to the Bandar Abbas Oil Refinery.
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BIPC petrochemicals exports up 35%
SHANA (Tehran) – Bandar Imam Petrochemical Company (BIPC) exported 1.006 million tons of products in the first nine months of the current Iranian year, marking a 35% increase compared to the same period last year.
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Arvand Petrochemical Company saving 10 mcm of gas annually
SHANA (Tehran) – Arvand Petrochemical Company has achieved annual savings of 10 million cubic meters of natural gas by using advanced nanotechnology and aerogel insulation for the first time in Iran’s petrochemical industry.
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Member of Parliament’s Energy Committee:
Aging power plants are a key cause of energy imbalance
SHANA (Tehran) – A member of Parliament’s Energy Committee stated that one of the main reasons for energy imbalance is the aging infrastructure of power plants.
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Iran’s petchem industry generates $16b despite sanctions: MP
SHANA (Tehran) – The head of the Parliamentary Oversight Board on the Oil, Gas, and Petrochemical Industries announced that this year marks the 60th anniversary of Iran’s petrochemical industry, which has achieved the remarkable milestone of generating approximately $16 billion in revenue for the country despite sanctions.
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Pezeshkian:
Gov’t plans to promote responsible consumption patterns
SHANA (Tehran) – The president announced that the government has devised plans to foster a culture of responsible consumption, aiming to address and mitigate related challenges.