government
-
Energy imbalance eases under current gov’t
SHANA (Tehran) – The performance of the National Iranian Oil Refining and Distribution Company (NIORDC) under the 14th government shows that a combination of higher production, improved fuel quality, demand management, infrastructure expansion and balanced reserves helped reduce the country’s energy imbalance and strengthen the stability of fuel and power networks.
-
Strategic oil industry plans approved to boost production
SHANA (Tehran) – Strategic plans in the oil and power sectors aimed at increasing production and strengthening the country’s energy supply were approved on Monday at a meeting of the Economic Council.
-
Performance-based pay seen as driver of energy project execution
SHANA (Tehran) – President Masoud Pezeshkian emphasized the need to accelerate the launch of monitoring systems for major energy projects, saying that adopting performance-based payment mechanisms in their operational frameworks can boost contractors’ motivation and speed up implementation.
-
Gasoline price issue still under discussion: Gov’t spox
SHANA (Tehran) – The Iranian government has no immediate plans to raise gasoline prices, a spokesperson said Tuesday, though she acknowledged the need for a broader review of the issue.
-
By-law Passed on Supporting Development of Downstream Oil Industries
TEHRAN (Shana) – The Rouhani government cabinet has approved the executive by-law on supporting the development of crude oil and gas condensate industries by tapping public investment.