Iran will soon sign contracts to increase gas production capacity before the end of the current Iranian calendar year (late March 2025), Oil Minister Mohsen Paknejad stated.
GAS Feed Atom
The Iranian minister of oil outlined key decisions from the 189th (Ordinary) Meeting of the Conference of the Organization of the Petroleum Exporting Countries (OPEC), emphasizing the importance of public cooperation for stabilizing the gas network.
The director of the National Gas Network Operations Control Center announced that with the arrival of new cold fronts, daily gas consumption in the residential, commercial, and small industrial sectors hit a record high of 600 million cubic meters on December 9.
Iranian President Masoud Pezzekian stated that excessive consumption of gas and electricity is putting a lot of pressure on the supply network, warning: "If we do not save money, we may be forced to cut off gas in the winter."
The National Iranian Gas Company reported a 25% increase in gas consumption by residential, commercial, and small industrial sectors, with 70% of gas delivered on Sunday.
The second meeting of the review and management of the energy imbalance in Iran was held with the presence of the vice presidents of Iran and several ministers involved in economic affairs, hosted by the Ministry of Oil.
Iran's Petroleum Industry Research Institute has expressed its readiness to cooperate with Gas Exporting Countries Forum (GECF) member states across the upstream and downstream oil and gas sectors, the institute's head said on Saturday.
Mohamed Hamel, Secretary General of the Gas Exporting Countries Forum (GECF), speaking at the 26th Ministerial Meeting in Tehran on Sunday highlighted the organization’s growth and future goals.
Iran's Oil Minister Mohsen Paknejad highlighted the importance of cooperation in the global energy sector at the 26th Gas Exporting Countries Forum Ministerial Meeting in Tehran.
Minister of Oil Mohsen Paknejad highlighted the importance of strengthening collaboration among member states of the Gas Exporting Countries Forum (GECF) ahead of the group’s 26th ministerial meeting.
The minister of oil emphasized Iran's resilience, stability, and high level of security under current conditions, highlighting the presence of energy and oil ministers from the Gas Exporting Countries Forum in Tehran.
Russian oil producer Rosneft invested $20 billion in India recently, the Indian government quoted Russian President Vladimir Putin as saying in a statement on Thursday, without giving details.
The South Pars joint gas field's gas platforms were successfully overhauled through a well-planned, collaborative, and HSE-enhanced operation, ensuring safety and efficiency.
India's natural gas consumption reached 6019 MSMCM in October 2024, with fertilizer sector accounting for 29%, followed by city gas distribution at 21% and power generation at 11%.
Iran's oil minister, Mohsen Paknejad, will chair the 26th Ministerial Meeting of the Gas Exporting Countries Forum in Tehran, where the world's largest gas exporters will gather.
Iranian President Masoud Pezeshkian congratulated Parliament members on Majlis Day, promising to overcome challenges through empathy, companionship, and exchange of views.
Ebrahim Piramoun, the Managing Director of NISOC, has announced the completion of three major gas recovery projects by late March 2025.
Iranian Minister of Petroleum Mohsen Paknejad says imposing restrictions on gas delivery to the household sector is a red line.
India plans to increase its refinery capacity from 256.8 MMTPA in 2024 to 310 MMTPA by 2028, with ethanol blending in petrol expected to reach 20% by 2025.
The Iranian oil minister boasted about his ministry’s success in increasing the production of unprocessed natural gas after identifying the bottlenecks.