The newly elected government has decided to seek exemption from potential US sanctions against Pakistani entities to be involved in the construction of Pak-Iran gas pipeline.
GAS Feed Atom
Energy executives say they are looking past current ultra-cheap gas prices and betting on a coming wave of new liquefied natural gas (LNG) plants to lift demand - and prices - for the fuel.
The Gas Exporting Countries Forum's (2050) forecast report projects that global natural gas investments will total almost $9 trillion by 2050, with $8.2 trillion directed toward the upstream sector and $0.74 trillion for the midstream sector.
Swap of Iraqi refined products for Iranian gas could help settle an $11 billion debt but also risks friction with U.S. over sanctions.
The US Assistant Secretary of State for South and Central Asian Affairs has expressed his country’s opposition to the further advancement of a gas pipeline project between Iran and Pakistan, claiming Washington is in contact with Islamabad on the matter.
India's reliance on imported LNG is expected to decrease to 45% by FY26 due to increased domestic production, with 30 million standard cubic meters per day added in the past three years.
Two provincial energy regulators in Canada have issued rulings addressing stranded-asset risk, a concern about underutilization of new natural gas infrastructure, a crucial step towards a low-carbon economy that aligns with climate targets.
The Iraqi Minister of Electricity says Baghdad is negotiating with Tehran to use Iran's wide and nationwide lines to transport Turkmenistan's gas.
The Gas Exporting Countries Forum (GECF) officially launched the new edition of its annual flagship publication, the Global Gas Outlook (GGO), on 12 March 2024 in the GECF Secretariat via video conference.
Iran’s deputy oil minister estimated the country’s petrochemical exports will reach 29 million tons by the end of the current Iranian calendar year (March 19, 2024).
The contracts signed between the Iranian companies to boost pressure in the joint South Pars (SP) gas field showed that sanctions have failed to prevent Iran’s oil and gas industry from making progress, said a member of the Parliament on Tuesday.
The head of Iranian Gas Engineering and Development Company (IGEDC) has said the country’s first gas refinery with a fully Iranian-made control system is going to go operational early next year (starts in late March), IRNA reported.
A member of the Parliament sees the contracts signed with the Iranian companies on Sunday to boost pressure in the joint South Pars gas field as a symbol of relying on domestic expertise.
The National Iranian Oil Company (NIOC) managing director said on Sunday the implementation of the pressure-boosting project in the joint South Pars (SP) gas field in the Persian Gulf will generate $900 billion in revenue.
Pars Oil and Gas Company (POGC) and several Iranian companies signed contracts on Sunday to carry out a pressure-boosting project in the joint South Pars (SP) gas field in the Persian Gulf.
Iran’s President Seyyed Ebrahim Raeisi on Friday hailed the Oil Ministry for carrying out the projects to develop Sepehr and Jofeir oil fields and capture associated petroleum gas (APG).
The Iranian ambassador to Islamabad has said that the country’s capable technical and engineering companies are prepared to contribute to the construction of the Iran-Pakistan gas pipeline (IP) as well as the renovation of Pakistan Steel Mills.
Iranian Oil Minister Javad Owji has said the country’s oil and gas industry ranks first among the major gas exporting and producing countries in reducing flare gases.
Iran’s President Seyyed Ebrahim Raeisi on Wednesday praised the Oil Ministry for the successful implementation of projects for capturing associated petroleum gas (APG) over the past two years.
Iran’s infrastructure for transiting gas from the North-South and East-West corridors is ready, said Oil Minister Javad Owji on Wednesday.