Japanese companies foreseeing a growing surplus in stocks of liquefied natural gas (LNG) as their demand for the fuel wanes in coming years, are scrambling to invest in regional markets to provide potential outlets to sell the gas.
GAS Feed Atom
As announced by a local official, NGL project, in Kharg island in the Persian Gulf, which is being built with the aim of reducing the gas emissions in this island to zero has achieved 75 percent physical progress.
The head of the National Iranian Gas Company (NIGC) Majid Chegeni has officially unveiled the country’s energy and environment optimization market in the Iran Energy Exchange (IRENEX), Shana reported.
Iran and Turkmenistan have signed a gas swap deal under which Ashgabat will sell up to 10 billion cubic meters (bcm) of natural gas to Iraq each year.
The managing director of the National Iranian Gas Company (NIGC) Majid Chegeni has said that the launch of the energy optimization market is one of the tools of people's participation.
The Ministry of Petroleum and Natural Gas of India (MoPNG) has set the domestic natural gas price for July 2024 at $8.24 per million British thermal units, aiming to regulate pricing in India's growing natural gas sector.
We can overcome the energy imbalance in the country by cooperating with knowledge-based companies, collecting different ideas, and considering energy conservation as a priority, the deputy minister of petroleum of Iran for engineering, research, and technology said.
India's Petroleum and Natural Gas Regulatory Board (PNGRB) released a draft proposal for improving regulatory control over the country's liquefied natural gas (LNG) terminals, as per S&P Global Commodity Insights (GPI), ANI reported.
7 gathering associated gases projects, worth 400 million dollars, will be completed over the first half of the current Iranian calendar year, which ends on March 20, 2025.
The Iranian Minister of Petroleum says that signing the memorandum of understanding (MoU) for gas transfer from Russia to Iran will increase Iran’s share of the global gas trade, strengthening regional energy security considerably.
A price revision has been made for commercial LPG by oil marketing companies, while also keeping domestic cooking gas rates unchanged, according to a source. The monthly revisions for both commercial and domestic LPG gas cylinders occur on the first day of every month, with new rates being implemented from 1st June.
The Iranian National Gas Company (NIGC) and the Russian company Gazprom signed a memorandum of understanding today for gas transfer from Russia to Iran.
ONGC (Oil and Natural Gas Corporation) and IOC (Indian Oil Corporation) have partnered to establish a LNG plant in Madhya Pradesh, aiming to enhance regional energy infrastructure and meet the growing demand for clean energy.
The National Iranian Gas Company’s (NIGC) director for coordination and supervision of production, Ahmad Zamani, says that NIGC has managed to realize the Petroleum Ministry’s programs by one hundred percent.
Iranian Oil Minister Javad owji said on Saturday that the Islamic Republic has outpaced Qatar in gas extraction from joint fields by 100 million cubic meters (mcm), IRNA reported.
In a diplomatic exchange, President Ranil Wickremesinghe and Indian External Affairs Minister Dr. S. Jaishankar led bilateral discussions at the President’s House. The joint energy projects between India and Sri Lanka took centre stage during these discussions.
Total Energies has signed a sales and purchase agreement with Indian Oil Corporation for up to 800,000 tons of LNG per year for 10 years starting 2026.
Iran’s acting president Mohammad Mokhber says that Pakistani officials are expected to closely pursue implementation of unfulfilled deals including Iran-Pakistan gas pipeline project (IP) expressing Iran’s readiness for cooperation to remove the hurdles.
Iranian Oil Minister Javad Oji says the South Pars phase 13 Alpha platform is ready to start gas extraction, Shana reported.
Iranian Minister of Petroleum, Javad Owji, says the South Pars phase 13 Alpha platform is ready to start gas extraction.