energy

Iran to construct 14 power plants to prevent electricity cuts: MP

Iran will add a sum of 14 power plants to its electricity grid to prevent power cuts during the hot months of the next year, said a member of the parliamentary Energy Committee.

Energy

Iran’s gasoline consumption hits new high amid summer vacations

Iran has registered new highs in gasoline and gasoil consumption as inter-city trips have increased since the beginning of the last month of summer vacations on August 22.

Energy

Iran, Turkmenistan strengthen energy, transportation ties with new agreements

Iran and Turkmenistan have signed four memoranda of understanding (MoUs) to enhance cooperation in energy and transportation, capitalizing on their strategic regional positions.

Macro Economy

Iran’s gasoline consumption sets new record high

Gasoline consumption in Iran set a new record high last Tuesday a day before the two-week Persian New Year holidays.

Energy

Households, businesses responsible for 76% of Iran’s gas use

The head of dispatching operations at the National Iranian Gas Company (NIGC) says that households and businesses have accounted for some 76% of the country’s total natural gas consumption.

Energy

Persian Gulf Star refinery supplies 40% of Iran’s gasoline needs

Managing-Director of the Persian Gulf Star refinery in southern Iran has said that the refinery is responsible for 40% of the country’s gasoline needs and also has a significant share in producing other products such as liquefied gas and kerosene.

Energy

Iran’s average daily gasoline consumption reaches 113m liters

Average daily gasoline consumption in Iran has reached about 113 million liters in the 10th month of the current Iranian calendar year (started on December 22, 2023), the managing director of the National Iranian Oil Refining and Distribution Company (NIORDC) said.

Energy