Gov’t ready to eliminate barriers to investors

SHANA (Tehran) – President Masoud Pezeshkian expressed his thanks to Oil Ministry staffs for their efforts in progressing the develop-based goals of the 14th administration in the oil and energy, especially on cooperation and attraction of private sector collaboration.

In a ceremony attended by President Pezeshkian

NIOC signs $2.7b-worth investment contracts

SHANA (Tehran) – The National Iranian Oil Company (NIOC) signed contracts on guaranteed purchase of drilling services and processing crude in oilfields with a total value of $2.7 billion in on Thursday.

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.

Direct energy credits seen as way to eliminate rent-seeking

SHANA (Tehran) – President Masoud Pezeshkian said the government’s reforms to gasoline and diesel pricing aim to eliminate rent-seeking and capital flight by depositing energy credits directly and fairly into people’s bank accounts.

Fight against fuel smuggling must start at the source, president says

SHANA (Tehran) – President Masoud Pezeshkian said designing and implementing a coherent system to monitor the fuel supply chain is the most effective way to manage consumption and prevent smuggling. He emphasized that priority should be given to targeting those within the system who facilitate the diversion of fuel from official channels.

10% energy savings can ease major challenges, Pezeshkian says

SHANA (Tehran) – President Masoud Pezeshkian emphasized the need to reform energy consumption patterns, saying that saving just 10% of resources — particularly energy — could resolve a significant portion of the country’s challenges, including livelihoods, salary payments, infrastructure development and national security.

Pezeshkian: Controlling gas flaring is a priority

SHANA (Tehran) – President Masoud Pezeshkian said that controlling gas flaring is a priority.

President praises Oil Ministry’s efforts

SHANA (Tehran) – President Masoud Pezeshkian on Thursday praised the Oil Ministry and its engineers and specialists for bringing the second train of the Central Processing and Export Terminal (CTEP) at the South Azadegan joint oil field online in record time.

President orders launch of second processing train at South Azadegan field

SHANA (Tehran) – The second processing train at the central processing unit of the shared South Azadegan oil field was inaugurated Thursday by order of President Masoud Pezeshkian via videoconference, boosting the field’s crude oil processing capacity to 160,000 barrels per day.

Government submits 1405 budget bill to Parliament

SHANA (Tehran) – The government on Tuesday submitted the national budget bill for the year 1405 to Parliament.

Gov’t backs all efforts to cut energy consumption

SHANA (Tehran) – President Masoud Pezeshkian said the government will support any initiative that improves air quality and reduces energy consumption, stressing that the use of clean, low-consumption vehicles is not merely a choice but a public health necessity.

Fuel savings begin with gov’t vehicles

SHANA (Tehran) – President Masoud Pezeshkian said fuel conservation is starting with the government, announcing that state-owned vehicles will no longer use subsidized gasoline and will instead purchase fuel at the 5,000-toman rate.

Ensuring smooth passage through winter is govt’s top priority

SHANA (Tehran) – The president stressed the need to ensure stable energy supplies and manage supply-demand imbalances, issuing four clear and priority directives, and said that passing through the winter without challenges while safeguarding public welfare is the government’s foremost priority.

Fuel price reform revenue to be returned to public: President

SHANA (Tehran) – President Masoud Pezeshkian said all revenue generated from the fuel price reform plan will be spent entirely on improving people’s livelihoods and that not a single rial may be used for other government purposes.

Energy imbalance reforms must prioritize people’s livelihoods

SHANA (Tehran) – President Masoud Pezeshkian said any action or program to address energy imbalances must prioritize the impact on people’s livelihoods, housing, health care and education, stressing that improving living standards is the government’s main objective.

Iran, Russia to implement Strategic Cooperation Agreement

SHANA (Tehran) - President Masoud Pezeshkian reaffirmed Tehran’s commitment to implementing a comprehensive strategic cooperation agreement with Russia, saying Iran is determined to put the signed accord into effect and expects Moscow to expedite and finalize its part of the process.

Pezeshkian: Current gasoline prices unfair, hurt vulnerable Iranians

SHANA (Tehran) – President Masoud Pezeshkian criticized imbalances in electricity, water, environmental, and financial sectors and called for fairness in gasoline pricing to protect the livelihoods of all Iranians. Speaking at a Student Day ceremony at Shahid Beheshti University on Sunday, Pezeshkian said the current gasoline system is not only unfair but also harms the country’s most vulnerable citizens.

President calls for creative solutions to improve energy efficiency

SHANA (Tehran) – President Masoud Pezeshkian stressed the need for innovative and creative solutions to better manage energy consumption.

President: Flaring-gas control must move faster

SHANA (Tehran) - President Masoud Pezeshkian said even a single day should not be lost in accelerating progress on projects aimed at capturing associated petroleum gas.

President: Gov’t fully prepared for winter

SHANA (Tehran) – President Masoud Pezeshkian said the government is fully prepared to manage the coming winter and emphasized that if each individual, household or organization cuts energy use by just 10 percent, the country could save between 800,000 and 900,000 barrels of oil per day.

President: Energy use reform to strengthen industry

SHANA (Tehran) – The president underscored the need for fundamental reforms in the energy sector, saying the government plans to gradually replace household gas consumption with electricity to free up more natural gas for industry and boost national value creation.

President warns automakers to improve fuel efficiency

SHANA (Tehran) – President Masoud Pezeshkian warned domestic automakers that they will not receive foreign currency or production permits if they fail to upgrade engines and improve fuel efficiency within one year. He said companies should purchase modern global technologies if necessary, and the government will support them. “Our priority is producing safe and electric vehicles,” he said.

President chairs meeting on plans to boost production, address energy imbalance

SHANA (Tehran) – President Masoud Pezeshkian on Wednesday chaired a meeting to review plans aimed at increasing production and addressing imbalances in the country’s energy sector.

President:

Efficient energy use key to stability in gas, power networks

SHANA (Tehran) – President Masoud Pezeshkian said that if everyone across the country optimizes their energy use and considers others’ needs, Iran will not face water, electricity, or gas outages and will experience fewer tensions.

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.

Flare gas collection contracts signed under president’s order

SHANA (Tehran) – Contracts for collecting flare gas from 12 oil fields in southern Iran were signed Saturday via video conference under the directive of President Masoud Pezeshkian.

Iran controls 11 mcm of flare gas under 14th administration

SHANA (Tehran) – President Masoud Pezeshkian said Iran has managed to capture more than 11 million cubic meters of flare gas in recent months, calling it evidence that reforms in the country’s energy management are underway. He added that controlling flare gases could generate between $5 billion and $6 billion in annual revenue for the nation.

President: Ensuring power, gas for producers is a gov’t priority

SHANA (Tehran) – President Masoud Pezeshkian said ensuring a reliable supply of electricity and gas for manufacturers and industrialists is a definitive priority for his administration.

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.

Iran launches major industrial projects with domestic expertise

SHANA (Tehran) — President Masoud Pezeshkian announced the inauguration of two national Oil Ministry projects and 722 industrial and mining projects across the country, saying more than 95% of the equipment used was manufactured domestically.