Shazand Oil Refinery's managing director reported 95% localized parts and equipment, with hopes to reach 100% by year-end through collaboration with domestic manufacturers and producers.
IRAN Feed Atom
The director of the National Gas Network Operations Control Center announced that with the arrival of new cold fronts, daily gas consumption in the residential, commercial, and small industrial sectors hit a record high of 600 million cubic meters on December 9.
The Iranian government spokesperson said: "While the imbalance in gasoline supply is a reality, there is no plan to increase gasoline prices."
Iranian President Masoud Pezzekian stated that excessive consumption of gas and electricity is putting a lot of pressure on the supply network, warning: "If we do not save money, we may be forced to cut off gas in the winter."
The National Iranian Gas Company reported a 25% increase in gas consumption by residential, commercial, and small industrial sectors, with 70% of gas delivered on Sunday.
The second meeting of the review and management of the energy imbalance in Iran was held with the presence of the vice presidents of Iran and several ministers involved in economic affairs, hosted by the Ministry of Oil.
Iran's Petroleum Industry Research Institute has expressed its readiness to cooperate with Gas Exporting Countries Forum (GECF) member states across the upstream and downstream oil and gas sectors, the institute's head said on Saturday.
Iran's Oil Minister clarified that increasing oil production capacity is a priority for the Ministry of Petroleum under the 14th administration, without any connection to potential restrictions.
Mohamed Hamel, Secretary General of the Gas Exporting Countries Forum (GECF), speaking at the 26th Ministerial Meeting in Tehran on Sunday highlighted the organization’s growth and future goals.
Iran's Oil Minister Mohsen Paknejad highlighted the importance of cooperation in the global energy sector at the 26th Gas Exporting Countries Forum Ministerial Meeting in Tehran.
The ambassador of the Islamic Republic of Iran to Mauritania consulted and exchanged views with the Minister of Energy and Oil of that country regarding the strengthening of bilateral cooperation.
Minister of Oil Mohsen Paknejad highlighted the importance of strengthening collaboration among member states of the Gas Exporting Countries Forum (GECF) ahead of the group’s 26th ministerial meeting.
The US is sanctioning two Indian shipping sector companies alleging that they played a “critical role” in transporting Iranian oil in defiance of the US embargo.
The minister of oil emphasized Iran's resilience, stability, and high level of security under current conditions, highlighting the presence of energy and oil ministers from the Gas Exporting Countries Forum in Tehran.
The South Pars joint gas field's gas platforms were successfully overhauled through a well-planned, collaborative, and HSE-enhanced operation, ensuring safety and efficiency.
The Iranian government has issued a directive requiring all government bodies to shut down their heating and electricity systems by 4 p.m. on Wednesday.
On Wednesday, Iran's Minister of Energy announced the improvement of the supply of diesel fuel to power plants by the Ministry of Petroleum and said: "The supply of fuel has increased in line with the demand."
The CEO of the Petroleum Engineering and Development Company (PEDEC) announced a target to increase daily oil processing capacity to 820,000 barrels in West Karoun Oil Fields.
Iran's oil minister, Mohsen Paknejad, will chair the 26th Ministerial Meeting of the Gas Exporting Countries Forum in Tehran, where the world's largest gas exporters will gather.
Japan has vowed to carry out efforts to help Iran advance its case in the Financial Action Task Force (FATF), according to an Iranian deputy finance minister.