energy

Iran achieves record gas output at South Pars

Iran has set a new record for natural gas production at the South Pars field, reaching 712 million cubic meters per day, according to the head of Pars Oil and Gas Company (POGC), which is in charge of the giant field development.

Energy

Iran Chamber of Commerce president backs "Two Degrees Lower" campaign

The president of Iran Chamber of Commerce, Industries, Mines, and Agriculture (ICCIMA) has urged economic and industrial players to support the government’s “Two Degrees Lower” campaign, aimed at easing the country’s energy imbalance.

Iran Chamber

Iran’s diesel fuel production hits record high of 124mn liters per day

Iran’s average production of diesel fuel has surged by 13 million liters, reaching a new record of 124 million liters per day.

Energy

GECF meeting’s final statement highlights energy security, regional stability

The Gas Exporting Countries Forum (GECF) concluded its 26th Ministerial Meeting in Tehran with a final statement emphasizing the pivotal role of natural gas in energy security, economic development, and sustainability.

Energy

Natural gas to meet 26% of global energy needs by 2050: Iranian minister

Natural gas is projected to account for 26% of the global energy basket by 2050, Iranian Oil Minister Mohsen Paknejad said citing forecasts by the Secretariat of the Gas Exporting Countries Forum (GECF).

Energy

Iran president calls for expert solutions to address energy imbalances

Iranian President Masoud Pezeshkian emphasized the government’s openness to contributions from experts and specialists in resolving the country’s energy imbalances.

Energy

Iran ends power outages amid fuel supply improvements

Iran’s Minister of Energy, Abbas Aliabadi, confirmed on Tuesday that scheduled power outages have ceased, following assurances of improved fuel supply to power plants.

Iran Economy

No immediate plans for industrial power cuts: Iran gov’t spokesperson

Iran’s government has no current plans to cut power to industries, according to Fatemeh Mohajerani, the spokesperson for the administration.

Mine and Industry

Iran government takes steps to address gas supply imbalance

The Iranian Government’s Economic Council has approved measures to tackle the gas supply imbalance during the cold months.

Energy

Official puts Iran’s daily gas output at 800 mcm

Managing General of the National Iranian Gas Company (NIGC) Saeed Tavakkoli has said that Iran is currently producing as much as 800 million cubic meters of natural gas.

Energy