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South Pars sees 25 mcm in new daily gas capacity
23 January 2026
8:32 AM
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The CEO of Pars Oil and Gas Company announced an additional daily gas extraction capacity of 25 million cubic meters in the South Pars field under the 14th administration, adding that with new wells coming online by year’s end, this capacity will increase to 30 million cubic meters.

Reducing private-sector investment risk in oil industry
22 January 2026
7:33 AM
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The CEO of PetroIran Development Company said the investment volume under a contract to supply four drilling rigs to the National Iranian Oil Company (NIOC) is about $200 million, adding that the public-private partnership (PPP) contract model guarantees the company’s operations for five years, significantly reducing investment risk for the private sector.

IGTC amps up readiness for stable gas supply through winter
22 January 2026
7:27 AM
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The head of Iranian Gas Transmission Company (IGTC) announced the company's winter preparations to ensure safe and stable passage through the peak gas consumption days in the winter of 1404, stating: "Approximately 207 billion cubic meters of gas has been transferred to consumer endpoints in the first nine months of this [Iranian] year (March 21-December 21, 2025)."

Delivery of 170 mcm of gas to power plants
20 January 2026
8:06 AM
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The CEO of the National Iranian Gas Company announced the daily delivery of more than 170 million cubic meters of gas to power plants in the past three days, saying: "The amount of gas delivered to power plants from the beginning of this year to today has been more than 3 billion cubic meters."