Gas

  • South Zagros H1 Output Beyond Plans

    South Zagros H1 Output Beyond Plans

    TEHRAN (Shana) -- The CEO of South Zagros Oil and Gas Production Company announced the cumulative production of 20.950 billion cubic meters of gas with an average daily production of 112.600 million cubic meters of gas in the first half of the current calendar year, which began on March 21, exceeding the gas production plan of the company.

  • IGEDC Planning to build mini-LNG Plant

    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.

  • Increased Energy Ties Key Topic in Caspian Talks

    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.

  • Expert Speaks of Iran Chance to Become Safe Energy Transfer Corridor

    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.”

  • Iran Resumes Gas Exports to Turkey

    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.

  • NIOC, Gazprom to Develop 8 Iran Oil, Gas Fields

    NIOC, Gazprom to Develop 8 Iran Oil, Gas Fields

    TEHRAN (Shana) – The Deputy Minister of Petroleum for International Affairs and Trade said that during the trip of the Minister of Petroleum to Moscow implementation of the comprehensive memorandum with Gazprom was followed up.

  • Iran to Boost Gas Exports to Iraq

    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.

  • Iran Ready to Attract Russian Capital in Oil, Gas Projects

    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.

  • Tehran, Caracas Keen on Developing Gas Relations

    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.

  • 33rd OPEC and non-OPEC Ministerial Meeting

    33rd OPEC and non-OPEC Ministerial Meeting

    TEHRAN (Shana) -- The 45th Meeting of the Joint Ministerial Monitoring Committee (JMMC) and the 33rd OPEC and non-OPEC Ministerial Meeting took place in person at the OPEC Secretariat in Vienna, Austria, on Wednesday, 5 October 2022.                     

  • 33rd OPEC+ Meeting Begins in Vienna

    33rd OPEC+ Meeting Begins in Vienna

    TEHRAN (Shana) -- The 33rd meeting of the Organization of the Petroleum Exporting Countries (OPEC) and its allies (OPEC+) started a few minutes ago at the headquarters of the OPEC Secretariat in Vienna.

  • Iran Gas Export to Turkey stops for Periodic Repairs

    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.

  • 5-Month Gas Supply to Industries up 13% Y/Y

    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.

  • 19% Y/Y Rise in 5-Month Iran Gas Exports

    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.

  • Iran, Pakistan Discuss Energy Cooperation

    Iran, Pakistan Discuss Energy Cooperation

    TEHRAN (Shana) -- The president of Iran and the prime minister of Pakistan weighed plans for cooperation between the two neighbors in the energy industry.

  • Iran and Pakistan Energy Supply

    Iran and Pakistan Energy Supply

    TEHRAN (Shana) -- Energy security has always been an especially sensitive issue in the economic policies of various governments of Pakistan. Although Pakistan’s economy mainly depends on agriculture which makes up about 33% of the country’s gross national product (GNP), over recent years, the growth of energy consumption in the domestic, industrial and transportation sectors has made Islamabad more dependent on gas imports to the extent that gas has become a key element of Pakistan’s energy mix. However, despite the advantages that gas has over other fossil fuels, it also has problems, one of which is the high cost and security sensitivities of its transmission. This problem is especially noticeable in a country like Pakistan because due to insecurity mainly in Pakistan's Baluchistan, the central government does not have much control over its security.

  • Iran, Japan hold Seminar on Net Zero Emissions by 2050

    Iran, Japan hold Seminar on Net Zero Emissions by 2050

    TEHRAN (Shana) – An educational seminar entitled "Introduction of Japan's policies in using hydrogen and ammonia to achieve zero carbon emissions by 2050" was held in Tehran.

  • $600m Petchem Value Chain Completion Projects underway under way in Petrol

    $600m Petchem Value Chain Completion Projects underway under way in Petrol

    TEHRAN (Shana) -- The CEO of Petrol said $600 million projects are being implemented by the company in order to complete the value chain of the petrochemical industry.

  • Reviving Iran’s Energy Diplomacy: Step by Step

    Reviving Iran’s Energy Diplomacy: Step by Step

    TEHRAN (Shana) -- Holding 17.3% of the world's proven natural gas reserves, Iran is only second to Russia. Meanwhile, Turkmenistan ranks sixth with 3.8%. In 2021, Turkmenistan produced 83.7729 billion cubic meters (bcm) of natural gas and exported about 34 bcm to China, the largest importer of Turkmen gas, and that is why China has a high bargaining chip against Turkmenistan, encouraging the latter to seek to diversify its export destinations not to depend on a single buyer. According to BP and Azerbaijan's Ministry of Energy, the volume of Republic of Azerbaijan's natural gas reserves in 2021 was estimated at 2,500 bcm.

  • OGTIP Signs MoU with Uzbek Firm

    OGTIP Signs MoU with Uzbek Firm

    TEHRAN (Shana) -- Oil and Gas Technology and Innovation Park (OGTIP) and Mr-Fish Fergana Oil and Gas Holding of Uzbekistan signed a memorandum of understanding in the field of energy.

  • Iran to Export $2.5b CNG Technical, Engineering Services to Nigeria

    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.

  • LPG Storage, Loading Facility, Export Chain Online in Assalouyeh

    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.

  • $100m FDI to Build LPG Export Terminal

    $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.

  • Building PDH/PP Projects Creates Jobs for 5k

    Building PDH/PP Projects Creates Jobs for 5k

    TEHRAN (Shana) -- The CEO of Tadbir Energy Development Group said that employment for 5,000 people will be created during implementation of the Parsian Sepehar PDH/PP project.

  • 80,000 b/d Growth in Iran Gas Condensate Sweetening Capacity

    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.

  • Demercaptanization Unit of South Pars Refinery Phases 2, 3 Online

    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.

  • Iran Gas Export Revenue up 64% under Raisi

    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.

  • Spell of Phase 11 Gas Production to Be Broken in Winter

    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.

  • Iran Starts LPG Export in Bandar Abbas

    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.

  • Iran to Export Technical, Engineering Services, Urea to Nigeria

    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.”