The 13th refinery handover process from Pars Oil and Gas Company to South Pars Gas Complex has been accelerated following approval from NIOC and NIGC CEOs in the new year.
GAS Feed Atom
The director of the West Karoun Power Plant construction project and its ancillary facilities said the plant’s units are injecting more than 200 megawatts of electricity into the national grid.
Iran’s Oil Ministry has significantly ramped up natural gas deliveries to key industrial sectors in the early weeks of the new Iranian year, following a successful winter of uninterrupted supply to households.
The CEO of South Pars Gas Complex (SPGC) has emphasized the importance of a flaring reduction project as a key initiative for the year 1404 (2025-26).
The commercial manager of the South Pars Gas Complex (SPGC) announced the localization of approximately 11,700 goods and equipment, stating that this initiative aims to strengthen domestic production, reduce reliance on imports, and support Iranian manufacturers in line with the year’s slogan.
India is raising the excise duty on gasoline and diesel effective April 8, the government said on Monday, but noted that the increase in the excise duty would not be felt at the pump.
Iran's government is promoting Compressed Natural Gas (CNG) to reduce gasoline dependency and improve air quality, but challenges like weak policies and funding priorities hinder its full potential.
The second phase of the Shourijeh gas storage facility project has surpassed 54% completion, with simultaneous progress in above-ground, underground, and main equipment construction, according to the acting head of Iran Gas Engineering and Development Company.
Iran has brought the eighth well of Platform B in Phase 11 of the South Pars gas field into production, adding approximately 3.0 million cubic meters per day (mcm/d) to the country’s natural gas output, according to the head of Petropars Group.
Iran's gas industry achieved 95% national gas coverage in 2024-2025, despite challenges, through infrastructure expansion, international agreements, and innovative technologies like smart meters and domestic turbines.
Gasoline consumption in Iran reached over 150 million liters on Tuesday, marking a 17% increase compared to the same period last year.
India raised gas prices by nearly 4% in April to $6.75 per million metric British thermal units, up from $6.50 per mmBtu in the previous month.
India is considering removing US import taxes on liquefied natural gas to boost energy imports, a key priority in their strategic partnership.
The CEO of South Pars Gas Complex (SPGC) highlighted the facility’s vital role in Iran’s economic growth, stating that in the past Iranian year (1403, ended March 20), the complex produced over 243 million barrels of gas condensates, more than 606,000 metric tons of granulated sulfur, over 2.5 million metric tons of butane, about 3.7 million metric tons of propane, and more than 1.8 million metric tons of ethane.
Iranian Energy Minister Abbas Aliabadi said that the country’s power plant industry is being prepared for the attraction of private sector investment.
Pars Oil and Gas Company's CEO reported an average daily gas extraction of over 710 million cubic meters in the final four months of Iranian year 1403.
The installation of the jacket platform for the development project of the shared Belal gas field, located in the reservoir block on the border between Iran and Qatar, has been successfully completed.
Iran’s Oil Minister Mohsen Paknejad stated that burning associated petroleum gas (APG) signifies the waste of the country’s natural resources.
United States has maintained its sanctions waiver allowing Iraq to continue purchasing natural gas from Iran, an advisor to the Iraqi prime minister said.
First Vice President Mohammadreza Aref stated that Iran is striving to become a regional energy hub, emphasizing that achieving this goal is a top priority for the government.