Iran plans to increase daily gas production from the South Pars Gas Complex by 10 to 15 million cubic meters (mcm) this winter as part of an early overhaul strategy to prepare for rising seasonal demand, the company’s head said on Saturday.
IRAN Feed Atom
Iran Oil Pipelines and Telecommunications Company (IOPTC) signed two memorandums of understanding (MoUs) in the field of pipeline physical monitoring with new technology-based firms (NTBFs).
Government spokesperson Fatemeh Mohajerani said Saturday that young engineers in the oil industry have successfully addressed key challenges in the sector, emphasizing the government’s duty to support them and help resolve obstacles.
The CEO of the National Iranian Gas Company (NIGC) announced new measures by the company to facilitate international contracts, attract investment and develop gas relations with neighboring countries. He said gas cooperation between Iran and Turkmenistan will pave the way for regional gas trade.
The Deputy Minister of Iran Petroleum for Petrochemical Affairs announced the establishment of a utility corridor in Phase 3 of the Pars Special Economic Energy Zone to support the development of downstream petrochemical industries.
The CEO of the National Iranian Oil Company (NIOC) said Iran is on its way to becoming the largest operational hub for the oil industry in the region.
Iranian oil minister plans $10 billion in projects by March 2026, increasing oil and gas production capacity, attracting investment, and supporting new technology-based firms.
The 29th International Oil, Gas, Refining & Petrochemical Exhibition (Iran Oil Show 2025) was officially inaugurated by Oil Minister Mohsen Paknejad, who unveiled the event’s official logo.
Iran increased gasoline production to 120 million liters daily in Ordibehesht, despite a decline in profitability in the refining industry, according to a senior industry official.
President Pezeshkian prioritizes reforming consumption patterns, increasing productivity, and fair subsidy distribution to address the current crisis, claiming that proper management could eliminate poverty in the country.
The Bandar Imam Petrochemical Complex produced more than 4.87 million tons of products in the Iranian calendar year 1403 (2024-25), achieving an 8% growth and securing the top production rank among Iran’s 72 active petrochemical plants, according to the National Petrochemical Company.
Tehran is to host its 29th International Oil, Gas, Refining and Petrochemical Exhibition dubbed as Iran Oil Show 2025 with the aim of introducing the country's industrial and commercial capabilities in the oil and gas sector.
Iran's private sector authority invites Sweden to revive joint investment initiatives in automotive and electricity industries, citing potential for cooperation in non-sanctioned sectors and government guarantee of foreign capital return.
An analysis of recent three-day data shows that gas consumption by power plants in Iran continues to rise. The gap between power plant and household consumption reached over 96 million cubic meters (mcm) between Friday (May 2) and Sunday (May 4).
The Iranian Masterbatch and Compound Producers Association and Shenzhen Plastics Association of China signed a memorandum of understanding to enhance cooperation in the plastics industry.
The CEO of Sarkhoon and Qeshm Gas Refining Company stated that through major overhauls, self-sufficiency in supplying parts, and incident-free production, the refinery had a successful performance in 1403, effectively serving the public and ensuring stable energy supply.
Iran Oil Show 2025, set to begin on May 8, will showcase the country's significant role in the global energy supply chain, attracting over 2,000 companies from 14 countries.
Iran’s annual export of the petrochemicals is anticipated to reach about 34.8 million tons in the current Iranian calendar year (ends on March 2026), according to the head of the National Petrochemical Company (NPC).
A joint meeting was held between managers and contractors of the Yaran oil field development project to explore strategies for speeding up the project's progress.
Tehran Chamber of Commerce, Industries, Mines and Agriculture's Mahmoud Najafi Arab and Indian Ambassador Rudra Gaurav Shresth discussed expanding economic ties between Iran and India, prioritizing non-sanctioned goods exchange.