Strategic oil industry plans approved to boost production

SHANA (Tehran) – Strategic plans in the oil and power sectors aimed at increasing production and strengthening the country’s energy supply were approved on Monday at a meeting of the Economic Council.

Iran aims to become regional energy trading hub

SHANA (Tehran) – Iran will become a regional hub for energy trading by expanding its energy commerce, the country’s first vice president said.

Veep: Halting gasoline imports among key strategies of gov't

SHANA (Tehran) - Iran’s First Vice President said zero gasoline imports are among the main strategies of the 14th government.

Oil revenue, spending transparency discussed in seventh development plan steering council

SHANA (Tehran) – The executive plan for enhancing transparency in the revenues and expenditures of the National Iranian Oil Company (NIOC), as outlined in Clause 18 of Article 119 of the Seventh Development Plan Law, was reviewed Monday during a meeting of the plan’s steering council.

Plan to boost daily crude oil production approved

SHANA (Tehran) – The National Development Fund’s investment in an emergency plan to increase crude oil production by 250,000 barrels per day was approved during a meeting of the Economic Council.

Iran’s economic sector effectively handled wartime pressures

SHANA (Tehran) – Iran’s first vice president said that on the first day of the 12-day war, gasoline consumption exceeded production by 80 million liters, but the situation was managed effectively due to collective efforts on the economic front, with the oil industry performing notably well during the crisis.

Changouleh Oil Field Development Plan approved by Economic Council

SHANA (Tehran) – The development and operation plan for the Changouleh oil field in Ilam Province was reviewed and approved during a meeting of the Economic Council.

Tehran, Niamey to focus on oil, energy cooperation

SHANA (Tehran) – Iran’s first vice president announced that Iran is ready to cooperate with Niger in agriculture and energy, adding that the two nations can also share expertise in new technologies and artificial intelligence.

First VP honors female fuel delivery drivers

SHANA (Tehran) - Two female tanker drivers from Semnan and Fars provinces were recognized as top fuel distributors by National Iranian Oil Products Distribution Company in a ceremony attended by the first vice president.  

First VP:

Iran aims to become regional energy hub

SHANA (Tehran) – First Vice President Mohammadreza Aref stated that Iran is striving to become a regional energy hub, emphasizing that achieving this goal is a top priority for the government.

Aref: Gasoline production costs 50 cents per liter

SHANA (Tehran) – The First Vice President stated that the production cost of each liter of gasoline for the government is 50 cents, but it is sold at a rate of 1,500 tomans.

Veep stresses energy cooperation with Turkmenistan

SHANA (Tehran) – Iran’s first vice president emphasized the importance of expanding relations with Turkmenistan in energy, transportation, transit, and tourism, citing cultural and civilizational commonalities between the two nations.

South Pars Pressure Boost Project:

A strategic step in developing shared fields

SHANA (Tehran) – The first vice president of Iran emphasized the South Pars Pressure Boost Project as a top priority for the 14th administration, highlighting its significance in increasing production and job creation.