Storage

  • Power plant diesel reserves grow with 7-m-liter boost

    Power plant diesel reserves grow with 7-m-liter boost

    SHANA (Tehran) – The head of the National Iranian Oil Products Refining and Distribution Company said simultaneous efforts to boost production and manage consumption have increased diesel output by 7 million liters, leading to higher fuel reserves for power plants.

  • Completion of Sarajeh gas storage expansion set for mid-March

    Completion of Sarajeh gas storage expansion set for mid-March

    SHANA (Tehran) – The managing director of the Iranian Gas Engineering and Development Company announced that the Sarajeh gas storage expansion project in Qom will be completed by the end of the Iranian year 1404 (March 2026), emphasizing its strategic role in ensuring stable gas supply during the cold season.

  • 1.5 bcm of gas storage capacity added at Sarajeh field

    1.5 bcm of gas storage capacity added at Sarajeh field

    SHANA (Tehran) — The gas storage capacity at the Sarajeh field will increase to 1.5 billion cubic meters (bcm) per year, with daily extraction rising to 15 million cubic meters, upon completion of its second development phase. This expansion will strengthen Iran’s gas network resilience during peak winter demand.

  • Gas infrastructure expansion to double storage capacity

    Gas infrastructure expansion to double storage capacity

    SHANA (Tehran) – The caretaker of Iranian Gas Engineering and Development Company announced progress on strategic projects in gas storage, transmission, measurement, and optimization, stating that the country’s gas storage capacity will more than double with the launch of expansion projects in Sarajeh and Shourijeh.

  • Phase-2 of Assaluyeh Petrochemical Green Tanks Compony Nears Startup

    Phase-2 of Assaluyeh Petrochemical Green Tanks Compony Nears Startup

    TEHRAN (Shana) -- The CEO of Assaluyeh Petrochemical Green Tanks Compony said the investment made in the first and second phases has reached more than $350 million.

  • Investment in Crude Oil Storage Capacity

    Investment in Crude Oil Storage Capacity

    TEHRAN (Shana) -- A meeting was held to introduce opportunities for investment in crude oil storage tanks construction and operation, required by National Iranian Oil Company (NIOC), within the framework of public-private partnership (PPP). This is the first time the private sector is given the chance for investment in the crude oil storage sector. NIOC intends to enhance its crude oil storage capacity by 7.7 million barrels.

  • 500k Barrels Increase in Persian Gulf Crude Oil Storage Capacity

    500k Barrels Increase in Persian Gulf Crude Oil Storage Capacity

    TEHRAN (Shana) -- The capacity of crude oil storage in the Persian Gulf increased by 500,000 barrels with the operation of the reconstruction and overhaul project of Tank No. 4 of the Behrgan region of Iranian Offshore Oil Company (IOOC).