Paknejad:

Oil production growth, export records achieved despite sanctions

SHANA (Tehran) – Iran’s oil minister announced a daily production increase of more than 120,000 barrels and said crude exports have reached record levels in recent months despite sanctions. He added that the possible reactivation of the “snapback” mechanism poses no new concern for oil sales.

Real synergy in Iran’s gas refining, transmission, distribution chain

SHANA (Tehran) – The managing director of the National Iranian Gas Company (NIGC) said this year the entire chain of gas refining, transmission, and distribution has seen an integrated and coordinated approach across different sectors of the gas industry and the Oil Ministry. “Instead of a fragmented view, we are now witnessing real synergy and cooperation,” he said.

Fajr Jam Gas Refinery increases byproduct output

SHANA (Tehran) – The acting head of Fajr Jam Gas Refining Company announced higher production of gas condensate and liquefied petroleum gas (LPG) during the first half of this year.

New details revealed on Paznan field discovery

SHANA (Tehran) – The director of exploration at the National Iranian Oil Company (NIOC) has released new details about recently discovered reserves in the Paznan field, announcing the identification of two new reservoir layers — a gas reservoir estimated at 10 trillion cubic feet and an oil reservoir with recoverable reserves of 200 million barrels.

Oil Ministry-task force collaboration boosts fuel reserves

SHANA (Tehran) – The head of Iran’s National Energy Imbalance Task Force said fuel reserves have improved compared with last year, crediting close cooperation between the Oil Ministry and the task force as key to managing the country’s energy supply and demand.

President: Diesel quotas not being used properly

SHANA (Tehran) – President Masoud Pezeshkian on Monday criticized the misuse of diesel fuel quotas, saying some individuals receive fuel allocations but do not operate their vehicles, instead selling their quotas.

Refinery site for Farzad B Gas field finalized

SHANA (Tehran) – The site for constructing the onshore refinery of the joint Farzad B gas field has been finalized using advanced scientific methods and comprehensive environmental and technical studies, according to the project manager.

Overhaul of 29 South Pars platforms completed

SHANA (Tehran) – The head of production and operations at the Pars Oil and Gas Company announced the completion of major overhauls on 29 offshore gas platforms in the South Pars field, adding that maintenance work on the remaining six platforms will be finished in the coming days, ahead of the country’s peak gas consumption season.

Rise in residential gas use begins; daily average reaches 206 mcm

SHANA (Tehran) – Data from the first week of the Iranian month of Mehr show that power plants continue to dominate natural gas consumption, while residential, commercial, and small industrial users recorded a steady increase, averaging more than 206 million cubic meters per day.

Ethane production rises 7.5% at South Pars Gas Complex

SHANA (Tehran) – The South Pars Gas Complex has set a new record in ethane production, with output reaching more than 2.15 million metric tons in the first half of 1404, according to the company’s managing director.

Waste-based fuel project approved to replace mazut in cement plants

SHANA (Tehran) — Iran’s Economic Council approved a project to produce and use fuel derived from municipal waste as a substitute for mazut and natural gas in cement factories, the country’s first vice president announced Monday.

Oil Minister announces discovery of major gas, oil reserves

SHANA (Tehran) — Iran’s oil minister announced the discovery of significant new gas and oil reserves in the Pazan field, located in the southern part of Fars Province, saying the find could help offset the country’s future energy imbalance.

NISOC stresses ongoing reservoir assessments to sustain output

SHANA (Tehran) – The managing director of the National Iranian South Oilfields Company (NISOC) emphasized the importance of ongoing evaluations of recoverable oil and gas reserves to enable more precise planning and help achieve the goals of Iran’s Seventh Development Plan.

Power plant diesel stockpiles up 128%, reaching record 3.2b liters

SHANA (Tehran) – Iran’s deputy oil minister said the country’s diesel stockpiles for power plants have risen 128% from last year, reaching a record 3.2 billion liters.

Oil Ministry ensures energy stability from summer heat to winter cold

SHANA (Tehran) – The Iranian Oil Ministry successfully managed the country’s gas supply to power plants during peak summer demand in 1404 and is now preparing to ensure a stable energy supply for the upcoming winter through refinery overhauls, expanded gas storage injections, and increased liquid fuel reserves.

Development activities continue at Changuleh Oil Field

SHANA (Tehran) – The head of the Changuleh Oil Field Development Project announced the completion of repair and completion operations at well CG-W01 and said the drilling rig has been moved to another well to accelerate development at the shared field.

Development activities begin at North Pars Gas Field

SHANA (Tehran) – The development of Iran’s independent North Pars gas field has officially begun following the signing of a contract for the construction of the jacket for the field’s first phase, according to the project manager.

Oil Ministry invites experts to boost oil, gas production technologies

SHANA (Tehran) – The director general of research and technology affairs at the Ministry of Oil announced the launch of the first public call for participation by experts, researchers, and technology firms to help advance oil and gas production technologies. The initiative is part of the “Oil and Gas Production Technology Advancement Task Force,” formed under the directive of the oil minister and supervised by the ministry’s Engineering, Research and Technology Department.

Five provinces account for 40% of Iran's gasoline consumption

SHANA (Tehran) – Five Iranian provinces – Tehran, Khorasan Razavi, Fars, Isfahan and Kerman – were identified as the country's largest consumers of gasoline, using more than 5 billion liters in the summer, accounting for 40% of the nation's total consumption.

Reviving low-productivity toward advancing oil technology

SHANA (Tehran) – The deputy minister of engineering, research and technology at the Oil Ministry said that the project to revive low-productivity wells has been recognized as a key initiative for advancing oil and gas production technologies, despite existing challenges.

€150m gas projects launched

SHANA (Tehran) – The CEO of the Iranian Gas Engineering and Development Company announced the launch of 680 kilometers of gas transmission pipelines and nine turbocompressor units across four gas compressor stations, with a total investment of €150 million under the 14th administration.

Gas injection into storage facilities up 13%

SHANA (Tehran) – Gas injection into underground storage facilities has increased by 13 percent compared with last year to ensure stable gas supply during the winter.

Oil minister reviews winter fuel supply preparedness

SHANA (Tehran) – The oil minister and his deputies convened a meeting Saturday, Oct. 4, to review the latest measures ensuring stable fuel supply across the country ahead of the cold season.

Gas industry faces pressure from overdependence: NIGC

SHANA (Tehran) — Iran’s high dependence on natural gas has made the industry particularly sensitive, the head of the National Iranian Gas Company said Thursday.

Tehran Province tops national gasoline consumption

SHANA (Tehran) — Tehran province recorded the highest gasoline use in Iran during the summer of 1404, consuming more than 1.884 billion liters — about 15% of the country’s total consumption.

Measures by Ministry of Oil to increase production, ensure winter fuel supply

SHANA (Tehran) - Iran's oil minister outlined measures taken to ensure winter fuel supply this year, stating that actions have been implemented to increase raw gas production (both onshore and offshore), which will contribute to the amount of gas delivered to the national grid.

Iran delivers 50.2 bcm of gas to power plants in H1

SHANA (Tehran) – Iran supplied 50.2 billion cubic meters of natural gas to power plants in the first half of the irannian year 1404, marking a 2 billion cubic meter increase compared with the same period last year, the Oil Ministry announced.

NIOC head highlights offshore oil output in Persian Gulf

SHANA (Tehran) – The managing director of the National Iranian Oil Company said achieving production targets in the Persian Gulf’s offshore fields, despite sanctions and aging equipment, is a significant accomplishment.

Scientific approach key to solving oil industry challenges, official says

SHANA (Tehran) – The production oversight director of the National Iranian Oil Company stressed the need to clearly identify challenges in developing the oil industry, saying that with a scientific approach, those challenges can be recognized and resolved.

Easing investment in petrochemical industry necessary

SHANA (Tehran) – The head of Iran’s National Petrochemical Company stressed the need to attract new investments and boost production, urging the use of all available capacities to finance petrochemical projects.