Iran’s oil opportunities: Gas refinery development

SHANA (Tehran) – Iranian Central Oil Fields Company (ICOFC) has plans to introduce an investment opportunity in gas refinery development with a daily refining capacity of 20 million cubic meters at the "Transformation in Investment and Development in Iran’s Oil and Gas Upstream" event.

South Pars Phase 11 gas production hits 20 mcm

SHANA (Tehran) – The CEO of Pars Oil and Gas Company announced the completion of drilling and the start of operations at the eighth well in South Pars Phase 11, stating that gas extraction from this phase has increased to 20 million cubic meters (mcm) per day.

Iran’s oil opportunities: Gas pressure boosting stations

SHANA (Tehran) – Five sour gas pressure boosting station projects, aimed at collecting, pressurizing and transferring up to 108 million cubic meters per day of associated gas, will be introduced to investors at the Transformation in Investment and Development in Iran’s Upstream Oil and Gas event.

Gas transmission reliability depends on regular maintenance

SHANA (Tehran) – The CEO of Iran Gas Transmission Company emphasized the importance of timely and precise maintenance programs for pipelines and pressure-boosting facilities to ensure stable gas supply.

Iran’s Region 8 gas transmission surpasses 32 bcm

SHANA (Tehran) – The director of Iran’s Region 8 gas transmission operations reported that over 32 billion cubic meters (mcm) of natural gas were transferred from the region in the past year (1403 in the Persian calendar), citing public participation as a key factor in maintaining the transmission network’s stability.

MP:

Building trust for investment key to sustainable development in oil, gas

SHANA (Tehran) – A member of the Iranian Parliament’s Energy Committee said that as this year has been designated the "Year of Investment for Production," one of the main challenges in achieving this goal is building public trust in investment processes.

Cooperation, awareness: Key to enhancing gas industry operations

SHANA (Tehran) - The deputy oil minister for gas affairs emphasized that mutual cooperation and awareness are two key factors in improving operational quality and advancing the gas industry.

Iran sets unprecedented gas transmission record in winter

SHANA (Tehran) – The CEO of Iran Gas Transmission Company highlighted multiple gas transmission records set in winter 1403, stating that the latest record—a daily transmission of 880 million cubic meters of gas—was unprecedented in the history of Iran's gas industry.

Unveiling of beta financing package: A new step in upstream oil, gas development

SHANA (Tehran) – Iran’s Oil Industry Research and Technology Fund introduces the "Beta" financing package (Powered by Iran) at an event focused on investment and development in upstream oil and gas.

Senior MP: Building trust key to attracting investment in oil, gas industry

SHANA (Tehran) – The head of the Iranian Parliament’s Energy Committee said removing obstacles and fostering a climate of trust will encourage effective participation by investors in the oil and gas sector.

Private sector investment opportunities in oil highlighted

SHANA (Tehran) – The head of Parliament's Energy Committee said there are opportunities for private sector investment in upstream and downstream petrochemical industries, as well as oil and gas, and that the committee supports such investments.

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.

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.

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.

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."

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.

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.

Household gas consumption remains above 600 mcm

SHANA (Tehran) – Household, commercial, and small industrial gas consumption continues to exceed 600 million cubic meters (mcm), accounting for 71% of the total gas delivered to the national grid.

South Pars Gas Complex overhauls to begin next month

SHANA (Tehran) – The head of maintenance engineering at the South Pars Gas Complex announced that major overhauls of the facility’s refineries will begin next Iranian calendar month.

Successful winter preparedness ensures smooth operations at SP refineries

SHANA (Tehran) – The director of coordination and production supervision at the National Iranian Gas Company highlighted new records in gas supply from South Pars to the national grid, stating that the refineries' full preparedness allowed the country to successfully navigate a recent cold spell.

Turkmenistan begins gas exports to Turkey via Iran

SHANA (Tehran) - Iran’s Oil Minister announced the start of natural gas flow from Turkmenistan to Turkey through Iran, stating that the agreement has been finalized and gas is now being transported.

Bovard appointed to board of trustees at Institute for International Energy Studies

SHANA (Tehran) – Hamid Bovard, managing director of the National Iranian Oil Company, has been appointed as a member of the board of trustees at the Institute for International Energy Studies.

6% increase registered in natural gas consumption in residential sector

SHANA (Tehran) – The spokesperson for the National Iranian Gas Company (NIGC) reported a 6% increase in natural gas consumption by the residential, commercial, and small industrial sectors on Tuesday (March 4) compared to the same day last year.

867 mcm of gas delivered to national grid in one day

SHANA (Tehran) – The spokesperson for the National Iranian Gas Company (NIGC) announced that 867 million cubic meters (mcm) of natural gas were delivered to the national grid on Monday.

Five provinces account for 45% of Iran’s gas consumption

SHANA (Tehran) – The head of Iran’s National Gas Dispatching Center announced that on February 26, gas consumption in the residential and commercial sectors reached 703 million cubic meters (mcm), stating that the provinces of Tehran, East Azarbaijan, Razavi Khorasan, Isfahan, and Mazandaran had the highest gas consumption, accounting for 45% of the country’s total gas usage.

Sustainable gas production attributed to SP employees’ efforts

SHANA (Tehran) – The CEO of the South Pars Gas Complex highlighted recent production records, stating that work and production are central to the country’s economic development and progress.

Residential sector gas consumption remains at peak; 675 mcm used

SHANA (Tehran) – The spokesperson for the National Iranian Gas Company (NIGC) reported that 78% of the total gas supplied to the national grid was consumed by the residential, commercial, and small industrial sectors as temperatures dropped. On Sunday, 675 million cubic meters (mcm) of gas were consumed in these sectors.

ICOFC completes drilling of gas well No. 79 completed in Khangiran field

SHANA (Tehran) – The drilling of development well No. 79 in the Khangiran gas field, located in Khorasan Razavi Province, has been successfully completed by the technical management team of Iranian Central Oil Fields Company (ICOFC).

Necessity of root cause analysis in energy imbalance highlighted

SHANA (Tehran) – The deputy minister of oil emphasized the need for a root cause analysis of energy imbalance, stating that identifying and evaluating problems and challenges is essential to defining practical solutions, which can be achieved through the right strategy.