Iran gas

Iran to launch South Pars Phase 14 refinery soon

Iran will launch a refinery in the Phase 14 of South Pars Gas Complex in coming days, said the operator of the SP Phase 14 Development Project.

Energy

Iran pays $30b in energy subsidies in 2020 to rank first globally

Iran remained the single largest provider of energy subsidies across the globe in 2020.

Energy

President Raeisi’s oil minister pick says he will push for increased gas output

A nominee to take over the role of Iran’s oil minister in a new administrative government led by President Ebrahim Raeisi says he’ll push for increased natural gas output beyond the current enviable record of nearly 1 billion cubic meters (3.5 billion cubic feet) per day.

Energy

Iran pumps one billion cubic meters of gas per day from South Pars

Iran has recovered nearly 13% of the total gas reserves in its side of the world’s largest gas field in the Persian Gulf, says its top oil and gas development company, as the country boasts of a major success at a time of brutal US sanctions on its oil and gas industry.

Energy

Iran ditches Indian consortium, awards giant gas field contract to local company

Iran has finally decided the fate of Farzad B, an untapped gas reserve in the Persian Gulf which is shared with Saudi Arabia, as a domestic company takes on to develop the gas field after original contractors from India failed to kick off the job.

Energy

Iran’s daily gas production over 1 billion cubic meters: Zanganeh

Minister of Petroleum Bijan Zanganeh says Iran’s gas production has hit the record high above 1 billion cubic meters a day.

Energy

Iran’s daily gas output tops 1 billion cubic meters

Iran’s production of natural gas has finally topped a long-awaited mark of one billion cubic meters per day (bcm/d) as authorities urge households and businesses to become more efficient in consumption.

Energy

Iran to resume gas flows to Iraq after agreement on unpaid bills

Iran will resume normal gas flows to Iraq on Wednesday after reaching an agreement with Iraq on Tuesday over unpaid bills, a spokesman for Iraq’s electricity ministry said.

Energy

Iran starts drilling work at South Pars largest phase

Iranian domestic energy companies have started drilling for natural gas at a major gas field in the Persian Gulf where operations had stalled indefinitely two years ago after foreign energy giants left the filed under US pressure.

Energy

Iran launches three major oil projects

Iran has launched three major oil projects with an investment amounting to $1.25 billion as the country presses ahead with plans to expand its massive energy sector.

Energy