The operations manager of Fajr Jam Gas Refining Company said the refinery continues to implement corrective programs and optimization projects across production processes. Despite being nearly 40 years old, these ongoing measures have improved the refinery’s overall efficiency while reducing energy consumption.
IRAN Feed Atom
The well maintenance supervisor of the South Pars joint field announced that the installation of secondary downhole safety valves on Platform SPD16 has been successfully completed. The operation, which began on October 5, concluded two weeks later on October 18 after intensive offshore work in the Persian Gulf.
Iran and China have agreed to form a joint cooperative committee to enhance collaboration in key economic sectors, including agriculture, mining, petrochemicals, and joint investment, officials from both sides said during a meeting in Tehran.
The managing director of the National Iranian Gas Company said there are currently no restrictions on gas supply to industries and power plants, adding that the situation has improved in all aspects compared with last year.
The CEO of Pars Oil and Gas Company announced that daily gas production from the South Pars joint field has reached 718 million cubic meters, marking a 25 million cubic meter increase over the past year. He added that output is expected to rise to 30 million cubic meters per day by the end of the year.
Iran's ambassador in Islamabad and Pakistan's Commerce Minister met and discussed ways to strengthen bilateral trade and economic cooperation.
The project manager for the Azar Oil Field development said the field has taken a major step toward sustainable and efficient utilization of associated gas with the commissioning of fourth-stage compressors. This follows the readiness of the Cheshmeh-Khosh Gas and NGL 3100 plant to receive high-pressure gas beginning in late October.
Fajr Jam Gas Refining Company CEO emphasizes resilience, stability, and reliability over increasing production to withstand winter, maintaining 99.8% performance, making it a key energy supply center.
The head of the Iran-Oman Joint Chamber of Commerce explained the obstacles and positive factors affecting trade with Oman in recent years, as well as the events and factors that will influence future exchanges with this country.
The fourth infill well in the South Pars gas field has come on stream, increasing daily gas production from the shared field by 1.8 million cubic meters, according to the project manager of the South Pars infill drilling plan.
Iran’s Oil Minister Mohsen Paknejad said the country will gradually reduce gas flaring by about 295 million cubic feet per day (mcf/d) by the end of the Iranian calendar year 1405 (March 2027), following the signing of 12 new contracts on Saturday.
India has confirmed that the United States will not impose its sanctions on the Chabahar Port in Iran for the next six months, allowing New Delhi to continue its investment and operations at the strategic facility uninterrupted.
Hamidreza Shafiei Makvandi, deputy managing director of the National Iranian Drilling Company, announced the drilling and completion of 72 oil and gas wells in the first seven months of the current Iranian calendar year.
The Imam Khomeini Oil Refinery in Shazand has completed a $60 million overhaul, increasing production capacity by 30% and improving operational reliability, ensuring high-quality production for four years.
Iran's renewable energy capacity surpasses 2,700 megawatts, requiring stronger facilitation by distribution companies to maintain growth, especially in small-scale solar systems, according to Mohsen Tarztalab.
The managing director of the National Iranian Gas Company emphasized the importance of protecting and maintaining the stability of the country’s gas network, saying that infrastructure resilience and social stability are two key elements of passive defense.
Oil Minister Mohsen Paknejad said gas delivery to the network has increased by about 6.7 million cubic meters per day and diesel reserves at power plants have risen 130%, putting Iran in a strong position heading into winter.
The head of the Iran-Iraq Joint Chamber of Commerce, Industries, Mines, and Agriculture said that $128 million worth of technical and engineering services were exported to Iraq in the first six months of the current Iranian calendar year (March 21-September 22), which is not an appropriate figure.
The managing director of the National Iranian Oil Products Distribution Company said power plant fuel tanks across the country are full, leaving little capacity for additional storage.
Iran’s Oil Minister Mohsen Paknejad said the oil industry is the main pillar of Iran’s economic resilience and plays a leading role in overcoming the country’s challenges.
