South Pars Phase 11, the final development phase of the world's largest natural gas field, is expected to reach its first production milestone within two months, according to the project's executive.
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Greek shipping company GasLog reported that its liquefied natural gas (LNG) carrier GasLog Shanghai remains stable following an incident while exiting the Strait of Hormuz, with all crew members safe and accounted for.
Members of a special oversight committee monitoring the reconstruction of damaged refineries at Iran's South Pars Gas Complex urged crews to speed up early production plans before the onset of winter, following a site visit this week.
A project to upgrade the class of the final 10 kilometers of the Third Tehran Gas Pipeline, carried out in accordance with international standards and delivering savings of more than 2,000 billion rials, has commenced in Region 3 of Iran’s Gas Transmission Operations.
Iran’s Oil Minister Mohsen Paknejad has announced an all-out effort to restore a substantial portion of the country’s lost gas production capacity.
The CEO of Iran Gas Transmission Company said the national gas transmission network is fully prepared for the upcoming cold season, following extensive maintenance, continuous monitoring of pipelines and facilities, operational planning, and strengthened regional capabilities to ensure a stable gas supply during winter peak demand.
The CEO of the National Iranian Gas Company (NIGC), Saeid Tavakoli, announced that projects implemented by Operator companies are expected to save approximately 980 million cubic meters of natural gas annually.
India plans to buy up to a quarter of its liquefied petroleum gas imports from the United States in 2027, a move that would cut its reliance on the Middle East and support efforts to secure a trade deal with Washington, three sources with knowledge of the matter said.
The head of the National Iranian Gas Company (NIGC) said the government's new "Operator Companies" initiative is one of the country's largest efforts to address the imbalance between natural gas supply and demand by improving energy efficiency and reducing consumption.
The pressure boosting plan for "Hub 1" of the joint South Pars gas field has entered the implementation phase with the aim of maintaining production capacity, preventing reservoir pressure drop, resolving the country's gas imbalance, and safeguarding Iran's share in this gas field.
The U.S. Department of Energy has authorized Argent LNG to export liquefied natural gas from its proposed Louisiana export terminal to countries that have free-trade agreements with the U.S., giving the developer a key federal approval as it works toward a final investment decision on the project.
Asia spot liquefied natural gas prices rose for a fifth consecutive week to their highest in four months on fears of wider shipping disruptions, as Houthi attacks on Saudi oil tankers extended the Middle East war to a second major chokepoint.
A significant portion of Iraq's electricity supply depends on natural gas exported from Iran, Iran's oil minister said, highlighting deepening energy ties between the two neighbors.
Asian and European buyers of liquefied natural gas (LNG) plan to ask for lower prices and additional supply guarantees from Qatar and the United Arab Emirates as the U.S.-Iran war raises insurance costs on those deliveries, buyers, traders and industry executives told Reuters.
The CEO of South Pars Gas Complex called for the full use of technical, operational and management capabilities to ensure stable gas production ahead of the upcoming winter, describing the season as a critical and challenging period for Iran's gas industry.
Iran expects to restore 100 million cubic meters of gas production capacity within the next few months, according to Mohammad-Jafar Ghaempanah, the president's executive deputy.
As the annual overhaul season begins at the shared South Pars gas field, planning is underway to maintain stable gas production. Following damage to several domestic gas refineries during recent conflicts, ensuring maximum readiness of South Pars platforms for this winter has become more critical than ever.
Fajr Jam Gas Refinery completed the reconstruction and commissioning of its A and B waste incinerators, ending a five-year delay by relying on in-house expertise and domestic capabilities.
Pars Oil and Gas Company (POGC) has launched its most extensive overhaul of South Pars offshore platforms to date, aiming to keep gas production steady after strikes damaged part of the country's gas refineries during recent conflict, according to Alireza Sarmadi, the company's director of production and operations.
Top Russian energy companies have approached Indian refiners for more gasoline after Ukrainian strikes knocked out a significant portion of Russia's refining capacity, two sources familiar with the matter told Reuters on Wednesday.