Iran gas

Iran plans to launch $15 billion worth of oil, gas projects within months

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).

Energy

Iran MPs Okay key bill on oil, gas production

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.

Energy

Iran begins gas production at Phase 11 of South Pars: NIOC chief

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).

Energy

Iran capable of transmitting 1 bcm/d of gas to different areas: Official

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.

Energy

Iran, world’s 3rd largest gas producer, 8th largest oil producer in 2022: Report

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.

Energy

SP Gas Field Phase 11 platform successfully installed

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).

Energy

Iran in negotiations with Turkmenistan for direct gas imports

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.

Energy

Iran’s gas exports rise by 17% in 2022

The National Iranian Gas Company raised its natural gas exports in 2022 by 17%, the managing director of Iranian Gas Transmission Company said.

Energy

Iran’s natural gas consumption surges by 3 bcm YOY

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.

Energy

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