South Pars Phase 11, the final development phase of the world's largest natural gas field, is expected to reach its first production milestone within two months, according to the project's executive.
IRAN Feed Atom
An official said: The most important advantages of small-scale and distributed power plants include generating electricity near the point of consumption, reducing grid losses, enhancing passive defense, and creating economic benefits for investors.
The Iranian National Petrochemical Company signed a tripartite agreement Sunday with the Oil Ministry and the Administrative and Employment Affairs Organization to establish a "data-based governance" system across the petrochemical industry, officials said.
Iran’s Oil minister praised the oil industry's efforts to rebuild refineries damaged during the war and stressed the need for continued project management meetings and regular progress reporting.
According to IRNA, Mohsen Taraztalab stated during a visit to solar power plants in western Golestan: Since the beginning of the 14th government's term, approximately 4,500 megawatts of new capacity have been added to the country's power grid, and the capacity of renewable power plants has increased from 1,250 megawatts to about 5,800 megawatts.
Iran's Petroleum Engineering and Development Company (PEDEC) is targeting production of 110,000 barrels per day at the Sepehr-Jofeir oil field by the end of the current Iranian calendar year, the company's managing director said.
Fars News Agency reported: During the 40-day war, when South Pars facilities came under attack, Iran struck the world’s most important gas processing complex in Qatar. Trump immediately apologized in a tweet and stressed that “it will not be repeated.”
Imran Ahmed Siddiqui, Pakistan's Ambassador to Iran, and Mahmoud Najafi Arab, Head of the Tehran Chamber of Commerce, held a joint meeting with the presence of Hesameddin Hallaj, Deputy for International Affairs and Trade Development of the Tehran Chamber, Ayman Juwairiyah, Commercial and Investment Attaché of the Embassy of Pakistan in Iran, and Peyman Sanandaji, Head of the Transportation Committee of the Tehran Chamber.
Iran has resolved one of the country’s longest-running petrochemical disputes after a decade, with Labor Minister Ahmad Meydari announcing that the legal battle between Jam Petrochemical and Mehr Petrochemical has officially come to an end. Under the finalized agreement, workers at Mehr Petrochemical will begin signing employment contracts with Jam Petrochemical next week, ensuring uninterrupted production and salary payments.
Members of a special oversight committee monitoring the reconstruction of damaged refineries at Iran's South Pars Gas Complex urged crews to speed up early production plans before the onset of winter, following a site visit this week.
The head of the National Iranian Oil Company called for an accelerated rebuilding effort at South Pars gas field refineries damaged in recent attacks, saying the facilities must be restored to operation as quickly as possible using domestic contractors and manufacturers while maintaining strict safety and quality standards.
A project to upgrade the class of the final 10 kilometers of the Third Tehran Gas Pipeline, carried out in accordance with international standards and delivering savings of more than 2,000 billion rials, has commenced in Region 3 of Iran’s Gas Transmission Operations.
Iran’s Oil Minister Mohsen Paknejad has announced an all-out effort to restore a substantial portion of the country’s lost gas production capacity.
The CEO of Iran Gas Transmission Company said the national gas transmission network is fully prepared for the upcoming cold season, following extensive maintenance, continuous monitoring of pipelines and facilities, operational planning, and strengthened regional capabilities to ensure a stable gas supply during winter peak demand.
The CEO of the Chabahar Free Zone Organization met with the new Pakistani ambassador and emphasized the development of Iran-Pakistan cooperation centered on Chabahar-Gwadar and the creation of the Rimdan-Gabd joint free zone.
The CEO of the National Iranian Gas Company (NIGC), Saeid Tavakoli, announced that projects implemented by Operator companies are expected to save approximately 980 million cubic meters of natural gas annually.
Recent agreements between Iran and Pakistan represent a significant turning point in bilateral economic relations, with the shared border regions—particularly Iran's Sistan-Baluchestan province—emerging as the primary focal point for enhanced cooperation. With approximately 930 kilometers of shared border, Sistan-Baluchestan stands as Iran's only province with a land border with Pakistan, making it an indispensable gateway for bilateral exchanges.
The head of the National Iranian Gas Company (NIGC) said the government's new "Operator Companies" initiative is one of the country's largest efforts to address the imbalance between natural gas supply and demand by improving energy efficiency and reducing consumption.
The CEO of the Iranian Oil Terminals Company emphasized accelerating the implementation of development and infrastructure projects at the Kharg Oil Terminal, describing them as essential to ensuring stable oil exports, safeguarding national assets, and strengthening the country's energy security.
The CEO of Arvandan Oil and Gas Company announced: The first smartification project of the country's oil fields will soon be implemented in the Darkhovin field.