Iran gas

Iran says to sign gas swap deal with Russia in near future

Oil Minister Javad Owji says Iran will "very soon" sign a major deal with Russia to import gas from the country for domestic consumption and deliver the same amount to customers at other parts of the Iranian borders.

Energy

Iran says 4-month gas sales revenues exceed yearly total

Iran’s natural gas exports revenues in the four months to late July have exceeded figures reported for the entire calendar year to March, according to the Iranian Oil Minister Javad Owji.

Energy

Iran 3rd world country in gas production

Iran ranked third in terms of gas production last year, after the US and Russia, with 256.7 billion cubic meters, according to BP’s latest annual statistical review of world energy.

Energy

Iran’s annual natural gas production hits 232 bcm

The state-run National Iranian Gas Company produced an estimated 232 billion cubic meters of natural gas in the last fiscal year (ended March 20, 2022), the head of NIGC said.

Energy

Iraq says gas imports from Iran at 40 mcm per day

Iraqi authorities have reported a major increase in the supply of natural gas from neighboring Iran two days after the Arab country settled nearly $1.7 billion of arrears it owed Iran for previous gas imports, according to a report by Iraq’s NINA news agency.

Energy

South Pars phase 16 resumes operating after four month

Phase 16 of the giant South Pars Gas Field in southern Iran is back on track as its damaged pipeline was fixed after four months, according to the managing director of the contractor of the fixing project Ali Zarei.

Energy

Iran’s Salman gas field to resume production soon

Iran is scheduled to resume gas production in Salman Field, shared with the UAE, within a month after a damaged pipeline is repaired, according to an oil and gas official familiar with the matter.

Energy

Iran’s oil and gas reserves estimated at 1.2 trillion barrels

Iran has the equivalent of over 1.2 trillion barrels of oil and gas as a senior Oil Ministry official says the country will be able to tap those reserves for at least a century from now.

Energy

Study suggest 19.5% growth in Iran oil, gas sector in year to March

A study by Iran’s parliament’s research center shows that Iranian oil and gas sector will grow by 19.5% in the calendar year to late March.

Energy

Iran’s oil, gas condensate output expected to rise next year

Considering the new resource allocations for the development of the oil industry in the budget bill for the next Iranian calendar year (starts on March 21), the country’s crude oil and gas condensate production is expected to increase by 144,000 barrels per day (bpd) in the next fiscal year.

Energy