India's state-run Oil India Ltd expects a $20-billion, TotalEnergies-operated Mozambique liquefied natural gas project in which it owns a stake to restart development by the end of this year, its chairman Ranjit Rath said on Thursday.
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Iraq's attempt to ease its chronic power shortage with gas from Turkmenistan routed through neighbouring Iran has failed under U.S. pressure, leaving Baghdad scrambling for alternatives to keep the lights on.
Iran’s reliance on natural gas for about 73% to 74% of its energy mix is unprecedented worldwide and poses long-term risks, the head of the National Iranian Gas Company said.
Natural gas is projected to be the only fossil fuel to expand its share in the energy mix of the United States, China, and India by 2050, according to S&P Global Commodity Insights, which highlights gas as a critical bridge fuel in the global shift from coal to renewables.
The National Iranian Gas Co. is accelerating strategic projects and boosting efficiency at South Pars refineries to ensure stable gas production during the cold season, a senior official said.
National Iranian Gas Company CEO Saeid Tavakoli said standardizing industries is essential to prevent so-called virtual gas exports.
Iran increased natural gas delivery to its power plants by 2 billion cubic meters during the first half of the current Iranian year (started March 21), with total deliveries reaching 47.4 billion cubic meters.
Armenian Economy Minister Gevorg Papoyan expressed his country’s interest in importing Iranian liquefied petroleum gas (LPG), calling it a basis for long-term, mutually beneficial cooperation that would strengthen Armenia’s energy security.
Iran’s South Pars Gas Complex produced more than 65 billion cubic meters of sweet gas and 79 million barrels of gas condensate in the first five months of this year, ensuring a stable energy supply for the coming cold season, managing director Gholam Abbas Hosseini announced.
The National Iranian Gas Company (NIGC) is carrying out major maintenance, equipment upgrades, and staff training at its South Pars Gas Complex to ensure stable gas production during the cold season.
Russia and Iran jointly hold over 37% of global gas reserves, with Russia holding 19% and Iran 17.1%, respectively.
Zimbabwe’s Ministry of Finance has granted National Project Status (NPS) to the Cabora Bassa Gas Project, recognizing its strategic role in boosting economic growth and energy security. The designation, along with a finalized Petroleum Production Sharing Agreement between the government and developer Invictus Energy, paves the way for accelerated development through tax incentives, streamlined permitting, and priority access to infrastructure.
Iran’s Foreign Ministry spokesman on Tuesday rejected unilateral claims over the Arash gas field and reaffirmed Tehran’s commitment to dialogue with Kuwait to reach a fair and lasting agreement.
The CEO of the National Iranian Oil Company emphasized the necessity of revising overhaul plans and focusing on sustainable and maximum gas production for the winter season.
Iran Gas Transmission Company stably supplied 260 billion cubic meters of natural gas across the country in the 12-month period from September 2024 to August 2025, the company's managing director announced.
The managing director of Petropars said plans are underway to begin gas production from the second platform of Phase 11 in the South Pars gas field by fall 2027.
The National Iranian Oil Company aims to boost daily gas production to 1.35 billion cubic meters by the end of the country’s Seventh Development Plan (2024-28), the company’s chief said Saturday.
The Pars Oil and Gas Company announced plans to complete and bring into production new wells under its South Pars infield drilling program, aiming to raise daily gas output from the shared field by more than 15 million cubic meters by the end of the year.
Iran’s National Iranian Oil Company signed a memorandum of understanding Saturday with IMIDRO, steel companies and MAPNA Group to develop the Halegan and Shahini gas fields in southern Fars province.
Turkey's energy imports increased in June due to increased household and industrial demand, with natural gas inflows rising 36.9% and oil and petroleum product imports rising 5.9%.