The CEO of the Shahid Hashemi-Nejad Gas Refinery said the facility has increased its daily gas intake and production by 2.5 million cubic meters, driven by the implementation of technical projects, process improvements and equipment optimization.
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The National Iranian Drilling Company (NIDC) has brought 12 new gas wells into production under a drilling contract with the Central Iranian Oil Fields Company, strengthening gas supply, particularly during the winter season, the NIDC head of said.
Indian LNG importers are delaying long-term deals, seeking lower prices as a surge in global supply is anticipated. Major buyers like Gail India and Bharat Petroleum are pushing for more flexible contracts, hoping to benefit from new projects coming online. This strategy could be rewarded if prices fall, impacting India's energy mix goals.
The CEO of the National Iranian Gas Company (NIGC) announced the certification of 35 gas contractor companies, saying the new contractor model turns the threat of “gas flaring” into a business and savings opportunity.
The CEO of the National Iranian Gas Company said the Oil Ministry is aggressively pursuing gas-efficiency measures in cooperation with energy service firms, projecting a 25% to 35% reduction in consumption at the end of the demand chain once the program is fully implemented.
The CEO of Pars Oil and Gas Company announced an additional daily gas extraction capacity of 25 million cubic meters in the South Pars field under the 14th administration, adding that with new wells coming online by year’s end, this capacity will increase to 30 million cubic meters.
The National Iranian Gas Co.’s director for production coordination and supervision stressed the need to maintain 100% operational readiness at South Pars refineries amid severe cold weather, saying stable gas production and transmission are critical under current conditions.
The head of Iranian Gas Transmission Company (IGTC) announced the company's winter preparations to ensure safe and stable passage through the peak gas consumption days in the winter of 1404, stating: "Approximately 207 billion cubic meters of gas has been transferred to consumer endpoints in the first nine months of this [Iranian] year (March 21-December 21, 2025)."
The project manager of South Pars phase 11 at Pars Oil and Gas Company (POGC) said daily gas extraction from the block has increased by more than two million cubic meters with the completion and commissioning of the 10th development well.
ADNOC Gas has signed a long-term sales and purchase agreement with Hindustan Petroleum Corporation Limited (HPCL) for the supply of liquefied natural gas, in a deal valued at between $2.5 billion and $3 billion over a 10-year period.
The CEO of the National Iranian Gas Company announced the daily delivery of more than 170 million cubic meters of gas to power plants in the past three days, saying: "The amount of gas delivered to power plants from the beginning of this year to today has been more than 3 billion cubic meters."
The CEO of the South Pars Gas Company announced that the thirteen refineries of this complex are 100 percent ready to supply domestic gas, stating: "600 million cubic meters of sweetened gas are injected daily from this complex into national pipelines."
Gas consumption in the household, commercial, and light industrial sectors in Iran reached 654 million cubic meters, accounting for 75 percent of the total gas delivered to the country’s national gas network.
The managing director of the National Iranian Gas Company said the company has set a new record for gas sweetening and transmission to the national grid, increasing daily volumes to 882 million cubic meters during the current period, up from 880 million cubic meters last year.
Iran’s oil minister said natural gas production at the South Pars field has hit a new record of about 725 million cubic meters per day, praising the efforts of operational staff working in difficult conditions.
Iran’s oil minister said the country’s gas production and processing capacity is rising as damaged facilities gradually return to operation.
Daily natural gas consumption in Iran’s residential, commercial, and small industrial sectors hit 621 million cubic meters (mcm) on Saturday amid persistent cold weather, according to the National Iranian Gas Company (NIGC).
Drilling has begun on Well #2 of Iran’s Mokhtar gas field in Kohgiluyeh & Boyer-Ahmad, home to an estimated ~9 Tcm of gas—seen by provincial officials as a key step toward unlocking northern reserves, boosting jobs, and reshaping the regional economy.
Philip Mshelbila of Nigeria officially assumed his duties as secretary-general of the Gas Exporting Countries Forum on Jan. 1, succeeding Algeria’s Mohamed Hamel, who completed his four-year term.
India stands to save approximately $1 billion each year in crude oil imports by converting just 10% of diesel consumption in the transport sector to liquefied natural gas (LNG), according to a study by the Petroleum and Natural Gas Regulatory Board (PNGRB).