The chief executive of Iran’s Pars Special Economic Zone Organization said Iran has outpaced Qatar in the extraction of gas from joint fields.
Iranian Oil Minister Javad Owji has said that 75 important oil and gas projects worth $15 billion will be inaugurated by the end of the current Iranian calendar year (March 19, 2024).
Iran’s Parliament on Monday passed part of a comprehensive development bill that outlines a vision for the country’s oil and gas production for the next five years.
Iran has begun gas production at Phase 11 of South Pars, the world’s largest gas field, according to the CEO of the National Iranian Oil Company (NIOC).
Iranian Gas Transmission Company (IGTC) is capable of transmitting as much as 1 billion cubic meters per day (bcm/d) of gas to different parts of the country, IGTC managing director announced.
A recent report by the Energy Institute has put Iran as the world’s third largest gas producer and eighth largest oil producer in 2022.
The platform of phase 11 of the South Pars Gas Field was installed in the Persian Gulf by the expert engineers of the National Iranian Oil Company (NIOC).
Iran is mulling direct gas imports from Turkmenistan and negotiations are underway between the two neighboring countries in this regard, according to Deputy Oil Minister Majid Chegeni.
The National Iranian Gas Company raised its natural gas exports in 2022 by 17%, the managing director of Iranian Gas Transmission Company said.
Natural gas consumption reached 242 billion cubic meters in the fiscal 2022-23, up 3 bcm compared to that of the previous year, the head of the National Iranian Gas Company Dispatching Department said.