Petchem investment to address 220 mcm gas shortfall

SHANA (Tehran) –The secretary-general of the Petrochemical Employers Association emphasized that the petrochemical industry is focusing on investing in oilfields, stating that the implementation of 10 memorandums of understanding (MoUs) between the National Iranian Oil Company (NIOC) and petrochemical holdings will help address the country’s gas imbalance by adding 220 million cubic meters of gas.

Residential gas consumption hits 75% of total usage

SHANA (Tehran) – The spokesperson for the National Iranian Gas Company announced that residential, commercial, and small industrial sectors consumed 635 million cubic meters (mcm) of sweet gas, accounting for 75% of the total gas supplied to the national grid.

Parliament speaker:

Producing one cubic meter of gas requires $8 investment

SHANA (Tehran) – Parliament Speaker Mohammad-Baqer Qalibaf emphasized on Thursday that producing one cubic meter of gas requires an $8 investment, but imbalances in the energy sector cannot be resolved through investment in production alone.

Residential gas consumption increases amid cold weather

SHANA (Tehran) – Residential, commercial, and small-scale industrial gas consumption surged to 617 million cubic meters (mcm) on Wednesday due to colder temperatures, according to Hassan Mousavi, spokesperson for the National Iranian Gas Company (NIGC).

Paknejad:

Iran’s gas production in full swing to get through winter

SHANA (Tehran) – The minister of oil emphasized the need to manage consumption alongside increasing the country’s energy production capacity, stating that gas production is currently operating at full capacity to ensure passage through the winter months.

Daily CNG consumption in Iran exceeds 21 mcm

SHANA (Tehran) – The manager of the CNG project at the National Iranian Oil Products Distribution Company announced that over 21 million cubic meters (mcm) of compressed natural gas (CNG) are consumed daily in Iran.

NIGC:

Ensuring gas network stability requires consumption management

SHANA (Tehran) – The deputy minister of oil for gas affairs emphasized that the current stability of the national gas network is a result of effective network management and the cooperation of all institutions and citizens with the National Iranian Gas Company (NIGC).

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).

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.

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.

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.

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.

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.

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.

IGTC:

Stable gas supply maintained during first week of winter

SHANA (Tehran) – The CEO of the Iran Gas Transmission Company (IGTC) announced that natural gas supply has remained stable during the first week of winter, with maximum operational efforts underway to address a gas leak at the Shahid Mostafavi gas pressure-boosting station.

President urges energy consumption management

Iran consumes $35b worth of gas annually

SHANA (Tehran) – President Masoud Pezeshkian stated that $35 billion worth of gas is consumed annually in the country, emphasizing the importance of conservation.

MP: Energy imbalance cannot be resolved in four months

SHANA (Tehran) –The deputy chairman of the parliamentary Energy Committee praised the Oil Ministry's efforts to ensure winter fuel supplies but emphasized that resolving the country's energy imbalance requires time and cannot be achieved within three or four months.

Collaboration among South Pars energy firms to be strengthened

SHANA (Tehran) – A meeting was held between the CEOs of South Pars Oil and Gas Company (SPOGC), the Pars Special Economic Energy Zone Organization, and the South Pars Gas Complex (SPGC) to enhance cooperation and strengthen synergies among oil and gas companies operating in the South Pars region.

NIGC:

Iran sets record in sweet gas production, transmission

SHANA (Tehran) – The deputy oil minister for gas affairs announced that daily sweet gas production in the country’s refineries has reached a record high of 865 million cubic meters (mcm).

NIOPDC:

50% increase in liquid fuel supply to power plants registered in four months

SHANA (Tehran) – The National Iranian Oil Products Distribution Company (NIOPDC) announced a 50% increase in liquid fuel delivery to power plants during the past four months compared to the same period last year.

NIGC head announces record gas production in Iran

SHANA (Tehran) – The CEO of the National Iranian Gas Company (NIGC) announced a record daily gas production of 862 million cubic meters (mcm), noting that this winter, nearly 80 to 82% of the total gas produced is being consumed by the residential, commercial, and small industrial sectors.

Gas supply to power plants rises by 180 mcm in one month

SHANA (Tehran) – Masoud Kazemi, deputy for dispatching operations at the National Iranian Gas Company, announced that the cumulative gas supply to power plants in the ninth month of the current Iranian year (Nov. 21-Dec. 20) increased by 180 million cubic meters (mcm) compared to the same period last year.

NIGC:

Household gas consumption reaches 610 mcm

SHANA (Tehran) – The spokesperson for the National Iranian Gas Company (NIGC) reported that household, commercial, and small industrial sectors consumed 610 million cubic meters of natural gas out of the country’s total daily consumption of 859 million cubic meters (mcm).

Oil minister:

Deals worth $6b will be signed on pressure boosting in SP

SHANA (Tehran) – Iran’s oil minister announced that contracts worth $6 billion for pressure enhancement at the South Pars gas field will be signed soon, emphasizing that this project is one of the country’s top priorities. He warned that if the pressure enhancement project is not implemented, the field’s reservoir pressure would decline in the next two years.

Gas consumption in residential sector up 18%

SHANA (Tehran) – A sum of 613 million cubic meters (mcm) of natural gas were consumed on Monday in the residential, commercial, and industrial sectors, marking an 18% increase compared to the same period last year.

CEO of SPGC:

Gas injection to national pipeline rises by 1.2 bcm

SHANA (Tehran) – The CEO of the South Pars Gas Complex announced a 1.2 billion cubic meter increase in natural gas injection to the main national pipeline during the first eight months of this year compared to the same period last year.

Managing director:

Value of experiences in SPOGC not less than production of 700 mcm of gas

SHANA (Tehran) – The CEO of the South Pars Oil and Gas Company (SPOGC) stated that the value of the company's experiences and intellectual assets is equivalent to a daily production of 700 million cubic meters of gas.

Parliament speaker urges managing energy consumption with effective methods

SHANA (Tehran) – The Speaker of Parliament said that when citizens were asked to reduce their energy consumption by two degrees, they cooperated, resulting in daily savings of over 40 million cubic meters of gas, as he emphasized the need to manage energy consumption through proper methods.