Iran gas

Domestic firms tasked with developing Iran’s second largest gas field

Pars Oil and Gas Company, a subsidiary of the National Iranian Oil Company, signed a $900m contract Saturday with domestic company Iranian Offshore Engineering and Construction Company to develop Kish Gas Field, the second largest in the Persian Gulf after South Pars.

Energy

Oil, gas, petchem exhibition opens in southern Iran

The 14th edition of the South Pars Oil, Gas, Refinery, and Petrochemical Exhibition (SPPEX 2023) has been inaugurated in the Pars Special Economic Energy Zone (PSEEZ) at Iran’s energy hub Assaluyeh.

Energy

US renews waiver for Iran’s gas field shared with UK

The US government has renewed a sanctions waiver for the Rhum gas field in the UK North Sea in which Iran has a 50% stake.

Energy

Iran’s energy consumption 2.5 times higher than global norms: Minister

Iranian Minister of Petroleum Javad Owji said on Tuesday that the consumption of energy in Iran is 2.5 times higher than the globally accepted norms.

Energy

Record cold causes shutdowns in Iran to prevent gas supply cuts

Following record cold in Iran, the government announced widespread shutdowns across the country to reduce gas consumption and subsequent supply cuts.

Energy

Iran’s daily gas consumption hit 700 mcm

Gas consumption in the commercial and household sectors reached 700 million cubic meters per day on Jan. 12, the managing director of the National Iranian Gas Company said.

Energy

Iran may engage in Turkey gas hub project: Turkish minister

Azerbaijan, Russia and Iran may participate in gas hub project in Turkey, said Turkish Energy Minister Fatih Dönmez, according to Azerbaijan’s Trend news agency.

Energy

Official puts Iran’s daily natural gas output at 1.04 bcm

Iran’s daily natural gas output has reached over 1 billion cubic meters (bcm), according to a senior official in the National Iranian Oil Company (NIOC).

Energy

Iran expects 6% surge in natural gas demand this winter

Iran’s state gas company the NIGC says domestic demand for natural gas is expected to increase by around 6% this winter.

Energy

Iran annual gas supply hits 265 bcm

The National Iranian Gas Company supplied close to 265 billion cubic meters of natural gas to households, industries, commercial units and power stations between July 2021 and June 2022, the managing director of Iranian Gas Transmission Company said.

Energy