Shana

Oil Ministry advances energy diplomacy agenda

SHANA (Tehran) – A review of the 14th administration’s Ministry of Oil programs highlights its efforts to strengthen energy diplomacy, leveraging existing capacities to bolster Iran’s role in the global energy landscape.

Oil industry a key investment opportunity: Lawmaker

SHANA (Tehran) – A member of Iran’s Parliament presiding board said oil and gas fields could be a major draw for domestic and foreign investors, stressing that the parliament and government must work together to facilitate investment in the sector and utilize all available resources.

Oil, gas exploration to resume in Persian Gulf after five years

SHANA (Tehran) – The head of exploration at the National Iranian Oil Company (NIOC) announced that offshore exploration had been halted since 1398 (2019) due to drilling rig limitations but expressed hope that operations would resume in the current Iranian year in shared border areas with neighboring countries.

From development to supply:

Iranian gas industry over the past year

SHANA (Tehran) – The gas industry experienced many ups and downs in the year 1403 (2024-2025), navigating challenges from supply to development.

Accelerating gas industry development: Focus on key projects and domestic capabilities

SHANA (Tehran) – The caretaker of Iran Gas Engineering and Development Company reported progress on key projects and plans to expedite their operation, stating that sanctions have led domestic manufacturers to focus more on their capabilities but emphasized the need to improve product quality.

Gov’t advances major oil industry project with $17b gas pressure boost deal

SHANA (Tehran) – In the final days of the Iranian year 1403 (March 2025), the Oil Ministry signed nearly $17 billion in contracts with four domestic companies to build, install, and operate gas pressure booster platforms in the South Pars gas field—the world’s largest. This marks the first step in sustaining production and preventing a future gas crisis.

POGC:

Work never stops in Iran’s energy hub—even during Nowruz

SHANA (Tehran) – The CEO of Pars Oil and Gas Company (OGC) announced that 70% of Iran’s natural gas, 50% of petrochemical feedstock, and 40% of the feedstock needed for gasoline production come from the South Pars joint field.

From gas supply to gasoline production

SPGC plays key role in boosting Iran’s economy

SHANA (Tehran) - The CEO of South Pars Gas Complex (SPGC) highlighted the facility’s vital role in Iran’s economic growth, stating that in the past Iranian year (1403, ended March 20), the complex produced over 243 million barrels of gas condensates, more than 606,000 metric tons of granulated sulfur, over 2.5 million metric tons of butane, about 3.7 million metric tons of propane, and more than 1.8 million metric tons of ethane.

SPGC head:

Funds must be directed toward development projects

SHANA (Tehran) - The CEO of the South Pars Gas Complex (SPGC) said that in line with this year’s theme of "investment for production," a significant portion of capital should be directed toward development projects through careful planning and collective wisdom. 

NIDC completes 100 oil, gas wells in 1403

SHANA (Tehran) - The CEO of the National Iranian Drilling Company (NIDC) announced the successful drilling and final completion of 100 oil and gas wells in 1403 (ended March 20, 2025), utilizing the company’s fleet in both onshore and offshore areas.

IGTC sets historic records amid unprecedented cold in 1403

SHANA (Tehran) - Despite severe cold weather and a record surge in gas demand during the Iranian year 1403 (2024-25), the Iranian Gas Transmission Company (IGTC) successfully maintained the stability of the national gas network through smart management and full utilization of its capacities, setting seven new gas transmission records.  

Sustainable production, top priority for NIGC in 1404 

SHANA (Tehran) - The director of coordination and production supervision at the National Iranian Gas Company (NIGC) said sustainable production, maintenance, mental health support and improved living conditions for employees will be among the company’s top priorities in 1404.  

POGC announces 15 mcm increase in gas extraction from South Pars

SHANA (Tehran) – The CEO of Pars Oil and Gas Company (POGC) announced that during the final four months of the Iranian year 1403, an average of over 710 million cubic meters (mcm) of gas per day was extracted from the South Pars joint field. This figure represents an increase of more than 15 mcm compared to the preceding year.

NIGC head congratulates on Nowruz

SHANA (Tehran) – The CEO of the National Iranian Gas Company (NIGC), in a message, congratulated all colleagues and their respected families on the arrival of Nowruz, the ancient Persian New Year.

NIGC credits public-gov’t cooperation for overcoming winter difficulties

SHANA (Tehran) – The deputy oil minister for gas affairs stated that the successful navigation of this winter was made possible by the efforts of National Iranian Gas Company (NIGC) employees, the support of the Oil Ministry, and the public. He emphasized that those who work sincerely, honestly, and passionately for the country will have their names etched in history.

GECF Secretary General:

Natural gas is not just a bridge to future

SHANA (Tehran) – The GECF launched the new edition of its Global Gas Outlook (GGO) report on Monday where Mohamed Hamel, Secretary General in his remarks said natural gas is not just a bridge to the future.

GECF Launches new edition of its Global Gas Outlook report

SHANA (Tehran) – The Gas Exporting Countries Forum (GECF) officially launched the latest edition of its annual flagship publication, the Global Gas Outlook (GGO), today at the GECF Secretariat via video conference.

South Pars refineries' safety systems upgraded with domestic equipment

SHANA (Tehran) – The head of safety and firefighting at the South Pars Gas Complex announced that the safety and firefighting systems at the South Pars refineries are being modernized and updated using domestically produced equipment.

MP: Oil Ministry actively pursues collection of APG

SHANA (Tehran) – The head of the Iranian Parliament's Article 90 Committee stated that the Oil Ministry is seriously pursuing the collection of associated petroleum gas (APG) but emphasized that the process needs to be accelerated.

Household gas consumption exceeds 550 mcm

SHANA (Tehran) – The consumption of gas in the residential, commercial, and small industrial sectors has surpassed 550 million cubic meters (mcm), accounting for 65% of the total gas delivered to the national grid.

MP:

South Pars pressure enhancement project a key step in boosting production

SHANA (Tehran) – A member of the Iranian Parliament’s Budget Integration Committee stated that leveraging domestic capabilities in the South Pars pressure enhancement project is a significant step toward achieving this year’s slogan of "boosting production with public participation, revitalizing industries, creating jobs, and fostering hope."

Pressure boosting more essential than daily bread: Lawmaker

SHANA (Tehran) – The deputy chairman of the Energy Committee of the Iranian Parliament emphasized the importance of pressure boosting in the South Pars gas field, stating that it is "more essential than daily bread."

Enormous savings achieved in SP through indigenization: SPGC

SHANA (Tehran) – The CEO of the South Pars Gas Complex (SPGC) announced great amount of savings resulting from the domestic production of strategic parts and equipment by local companies.

Over 850 mcm of natural gas supplied to national network

SHANA (Tehran) – The spokesperson for the National Iranian Gas Company (NIGC) announced that 852 million cubic meters (mcm) of natural gas were delivered to the national network on Saturday.

Senior MP: South Pars pressure boost plan to yield high economic benefits

SHANA (Tehran) – A member of the Iranian Parliament’s presiding board stated that the pressure enhancement plan for the South Pars joint gas field is a significant development that will bring substantial economic benefits to the country.

South Pars recovery rate to increases by 21% with pressure boost project

SHANA (Tehran) – The executive of the strategic pressure enhancement project for the South Pars gas field highlighted details of this massive and strategic initiative, stating that its implementation will increase the field’s recovery rate from 54% to 75%, generating an economic value of $780 billion for the country.

NDF urged to accelerate South Pars pressure boost project

SHANA (Tehran) – The head of the Energy Committee in Parliament emphasized that implementing the South Pars pressure enhancement project will alleviate concerns in the energy sector.

South Pars gas compression plan contracts signed in president's presence

SHANA (Tehran) – Contracts for the pressure boost plan of the South Pars gas field, valued at approximately $17 billion, was signed on Saturday, March 8, in the presence of the President Masoud Pezeshkian and senior oil industry officials.

Household sector accounts for 68% of natural gas consumption

SHANA (Tehran) – The spokesperson for the National Iranian Gas Company (NIGC) said on Friday that 68% of the natural gas delivered to the network on the previous day was consumed by the household, commercial, and small industrial sectors.

HSE enhancement in petchem industry set as goal in Asaluyeh: NPC

SHANA (Tehran) – The CEO of the National Petrochemical Company (NPC) emphasized the pursuit of major objectives to establish a centralized HSE (Health, Safety, and Environment) structure in the Asaluyeh region.