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IGEDC Planning to build mini-LNG Plant
TEHRAN (Shana) – The Iranian Gas Engineering and Development Company (IGEDC) announced that it intends to enter the field of mini-LNG and acquire the technology for construction of its production facilities.
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Increased Energy Ties Key Topic in Caspian Talks
TEHRAN (Shana) -- Iran and the four countries bordering the Caspian Sea, as the largest holders of gas resources in the world, gathered last week at the second Caspian Economic Conference in Moscow, while the hard winter of Europe is coming and the crisis of the war in Ukraine has exacerbated the troubles for gas consuming countries.
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Expert Speaks of Iran Chance to Become Safe Energy Transfer Corridor
TEHRAN (Shana) -- A senior expert in energy economics says: “In the absence of investment and access to the necessary technologies to produce from Iran's share of reserves in the Caspian Sea, the most important step is to enter the oil and gas swap sector and convert the opportunity in the territorial geography of the country to leap towards becoming a safe energy transfer corridor.”
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Iran Resumes Gas Exports to Turkey
TEHRAN (Shana) -- The Director of Dispatching at National Iranian Gas Company (NIGC) announced that Iran’s gas flow to Turkey resumed after completion of the agreed repairs.
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Iran to Boost Gas Exports to Iraq
TEHRAN (Shana) -- The director of dispatching of the National Iranian Gas Company (NIGC) announced the increase in Iran’s gas exports to Iraq in the calendar year of 1401 which began on March 21.
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Iran Ready to Attract Russian Capital in Oil, Gas Projects
TEHRAN (Shana) – Iranian Minister of Petroleum Javad Owji announced the readiness of the Iranian administration to attract the capital of Russians in the oil and gas sector, participation in field development plans, swap of petroleum products and export of petrochemicals.
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Tehran, Caracas Keen on Developing Gas Relations
TEHRAN (Shana) -- The CEO of Iranian Gas Engineering and Development Company and the Vice President of Venezuela Oil Company in gas affairs met and discussed cooperation in the field of gas and equipment supply.
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Iran Gas Export to Turkey stops for Periodic Repairs
TEHRAN (Shana) -- The Director of Dispatching of the National Iranian Gas Company (NIGC) announced that Iran’s gas flow to Turkey was stopped for eight days with the agreement of the two countries in order to carry out periodical repairs.
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5-Month Gas Supply to Industries up 13% Y/Y
TEHRAN (Shana) -- The CEO of the National Iranian Gas Company (NIGC) said gas supply to the country's major industrial units, including steel, cement and petrochemicals, has increased by 13% in the first 5 months of the current calendar year, which began on March 21 compared to the same period last year.
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19% Y/Y Rise in 5-Month Iran Gas Exports
TEHRAN (Shana) -- The deputy petroleum minister for gas affairs announced that Iran's gas exports have increased by 19% in the first 5 months of the current calendar year, which began on March 21 compared to the same period last year.
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Iran to Export $2.5b CNG Technical, Engineering Services to Nigeria
TEHRAN (Shana) -- A member of the CNG Trade Union of Iran announced the export of 2.5 billion dollars of CNG technical and engineering services to Nigeria in the near future.
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NISOC Eyes 3mbd Production Capacity by March 2023
TEHRAN (Shana) – The National Iranian South Oil Company (NISOC) has planned to bring its crude oil production capacity to 3 million barrels per day by the end of the current calendar year, which began on March 21.
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LPG Storage, Loading Facility, Export Chain Online in Assalouyeh
BUSHEHR (Shana) – A liquefied petroleum gas (LPG) storage and loading facility and the complete export chain of the item were put into operation with foreign investment and a billion dollars of investment in Assaluyeh, southern Iran.
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$100m FDI to Build LPG Export Terminal
TEHRAN (Shana) – The CEO of the National Iranian Oil aCompany (NIOC) said a foreign direct investment (FDI) of 100 million dollars has been allocated for establishment of a liquefied petroleum gas (LPG) export terminal in Iran.
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1st Unit of Combined Cycle Power Plant of South Pars Online
TEHRAN (Shana) -- The first unit of the combined cycle project of the South Pars centralized power plant came on stream with a capacity of 160 megawatts and an investment of more than €450 million euros.
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80,000 b/d Growth in Iran Gas Condensate Sweetening Capacity
TEHRAN (Shana) – Inauguration of the first condensate sweetening and demercaptanization unit of phases 2 and 3 of South Pars enhance the gas condensate sweetening capacity by 80,000 barrels and strengthen the export infrastructure of this item.
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Demercaptanization Unit of South Pars Refinery Phases 2, 3 Online
TEHRAN (Shana) – Iranian Minister of Petroleum Javad Owji officially launched the demercaptanization unit of South Pars Refinery Phases 2 and 3 which was build with €74 million of investment.
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Iran Gas Export Revenue up 64% under Raisi
TEHRAN (Shana) – The CEO of the National Iranian Gas Company (NIGC) said the country’s gas export revenue rose by 64% in the first year since President Raisi took office in September 2021.
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Spell of Phase 11 Gas Production to Be Broken in Winter
TEHRAN (Shana) – Iranian Minister of Petroleum Javad Owji announced that the spell of gas production from South Pars phase 11 development project will be broken this winter after 20 years of exchanging contracts on paper.
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Iran Starts LPG Export in Bandar Abbas
TEHRAN (Shana) -- Exploiting the marine export plan of liquefied petroleum gas (LPG) has prevented the annual waste of 2,000 tons of LPG that was burned in the past, and in addition, it will bring the country up to $360 million dollars of income annually.
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Iran to Export Technical, Engineering Services, Urea to Nigeria
TEHRAN (Shana) – Iranian Minister of Petroleum Javad Owji said: “Iran and Nigeria enjoy many capacities that they can use in the future to expand bilateral relations in the field of energy.”
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Iran, Russia to Sign Gas Deal Soon
TEHRAN (Shana) – Iranian Minister of Petroleum Javad Owji said constructive negotiations are going on with the special assistant of the President of Russia, adding: "In the very near future, the final contract for the purchase and swap of gas from Russia will be signed between the National Iranian Gas Company (NIGC) and the Russian side in Moscow."
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Hormuzgan to Turn into Refining Hub of Iran
TEHRAN (Shana) – Iranian Minister of Petroleum Javad Owji said numerous projects have been defined in the southern province of Hormuzgan to turn it into a refining hub within years.
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Iran Eyes $400m/y Profit in Kish Gas Project
TEHRAN (Shana) – The CEO of the National Iranian Oil Company (NIOC) said an annual $400 million of hard currency earning will be one of the benefits of developing a gas transmission project to Kish Island.
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IOEC Completes 1st stage of South Pars Phase 16 Pipe Laying
TEHRAN (Shana) -- Specialists of the Iranian Offshore Engineering and Construction Company (IOEC) successfully completed the shore pull operation of the new 32-inch pipeline of phase 16 of South Pars gas field.
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Iran Gas Production Unaffected by Sanctions: Official
BUSHEHR (Shana) -- Iran's gas production is not affected by the sanctions and National Iranian Gas Company (NIGC) is committed to curb gas flaring pollution, said the director of production coordination and supervision of NIGC.
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Offshore Pipe Laying Operation at 1st Phase 11 Platform Complete
TEHRAN (Shana) -- The offshore pipe laying operation of the gas transmission line of the first platform of Phase 11 of South Pars gas field has been completed in the Persian Gulf.
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Iran Bracing to become Regional hub for Russian Gas
TEHRAN (Shana) – A senior energy expert says following the Ukraine war, Iran has the chance to use Russia’s excess gas export capacity to become a regional hub for the item.
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Turkey, Iran ink MoU
TEHRAN (Shana) -- The official ceremony of signing a Memorandum of Understanding (MoU) between Turkey and Iran has been held in the presence of both countries' presidents and ministers.
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South Pars 5th Refinery Supplies 6 mb of Gas Condensate in Q1
TEHRAN (Shana) -- The director of the fifth refinery of South Pars Gas Complex said the plant supplied 6 million barrels of gas condensate in the first 3 months of the current calendar year, which began on March 21.