flare
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Iran to capture 90% of gas flares by mid-March 2028
SHANA (Tehran) – The National Iranian Oil Company (NIOC) aims to collect more than 90% of the country’s gas flares by mid-March 2028 through major investment and private-sector participation, the company’s chief executive said Saturday.
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President praises Oil Ministry for speeding up gas flare recovery
SHANA (Tehran) – President Masoud Pezeshkian praised the Oil Ministry on Saturday for accelerating the collection of flare gas and said the government is ready to remove any obstacles that may hinder the process.
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Twelve gas flare collection contracts to be signed
SHANA (Tehran) – The National Iranian South Oil Company (NISOC) is set to sign 12 contracts for the collection and sale of flare gas today under an order from President Masoud Pezeshkian. The agreements aim to harness private-sector investment and facilitate technology transfer through cooperation with domestic and international companies.