The household, commercial, and small industries sectors consumed 63% of the total gas delivered to the national grid on Tuesday.
GAS Feed Atom
The CEO of the National Petrochemical Company (NPC) said the Oil Ministry under the 14th administration has developed and is implementing medium-term plans to offset idle capacity and ensure a stable supply of feedstock for the petrochemical industry, with large-scale investment in flare gas recovery among the most important measures.
Iran has collected about 9.0 million cubic meters (mcm) per day of associated and flared gas over the past 15 to 16 months, bringing total daily collection to around 16 mcm, Oil Minister Mohsen Paknejad said on Monday.
New Zealand has shortlisted contractors to build a liquefied natural gas (LNG) import facility to boost energy security, provide a reliable backup power source and support economic growth, Energy Minister Simon Watts said on Monday.
Reviving compressed natural gas capacity, one of the 14th administration’s top priorities, has entered the operational phase over the past year through a series of measures, including the launch of a free vehicle conversion program, construction of new CNG stations and increased factory production of dual-fuel vehicles. The initiative has gained urgency as gasoline consumption has outpaced production and much of the country’s CNG capacity has gone unused.
The Tous gas field development project, aimed at strengthening the stability of the gas supply network in Iran’s northeast and supplying feedstock to the Shahid Hashemi-Nejad Gas Refinery in Sarakhs, was officially inaugurated by presidential order via videoconference.
German energy giant RWE on Friday agreed to explore sourcing liquefied natural gas from the United Arab Emirates’ ADNOC, as Europe looks to diversify its energy supply away from the United States.
The flare gas recovery project in the Aghajari oilfield has progressed more than 60%, with plans to virtually eliminate routine flaring in the area by the end of the Iranian year 1407 (March 2029), according to the head of the Aghajari Oil and Gas Production Company.
The European Union’s energy chief said the bloc is growing increasingly concerned about its dependence on US liquefied natural gas, particularly in the wake of President Donald Trump’s threats to take over Greenland.
Iran’s South Pars gas field has set nine production records over the past two years, with daily output reaching a new high of 727 million cubic meters, underscoring the field’s central role in meeting the country’s energy demand.
Pars Oil and Gas Company, the developer of the world’s largest gas field, has experienced a distinct period of operational and development activity under Iran’s 14th administration, marked by stabilized output at the shared South Pars field, record gas production, higher asset efficiency and groundwork for new offshore gas developments in the Persian Gulf.
Statistics from the Ministry of Petroleum in the 14th government indicate numerous and historic record-breaking achievements in gas production. This achievement, though shadowed by suboptimal consumption which diminishes its delight, has been realized solely through the perseverance of oil industry personnel, integrated management, and precise planning, painting a picture of our beloved Iran's strength.
A rare combination of rising fuel demand and expanding refining capacity is drawing global commodity traders to India, with firms such as Trafigura seeking long-term partnerships with state oil companies.
Iran has injected more than 165.5 billion cubic meters (bcm) of sweet gas from the South Pars gas complex into the national grid since the start of the current Iranian year (late March 2025) to Feb. 2, the head of the South Pars Gas Complex (SPGC) said.
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.
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.