Gas Production

2nd platform of Iran’s SP phases 22-24 installed

TEHRAN, Feb. 16 (MNA) – The second offshore platform of South Pars Gas Field’s phase 22-24 development project, in the Persian Gulf, was successfully installed late on Thursday.
2019-02-16 13:34
Iran recoverable oil reserves at 160bn barrels: Zanganeh

TEHRAN, Feb. 05 (MNA) – Iran’s Minister of Petroleum Bijan Zanganeh said Tuesday the country’s recoverable oil stood at 160 billion barrels.
2019-02-05 12:24
SP Phase 13 project registers 93.4% progress

TEHRAN, Feb. 04 MNA) – The caretaker of planning and control of South Pars Gas Field’s Phase 13 said the project has so far gained 93.4% work-in-progress.
2019-02-04 11:20
South Pars platform 13B starts gas injection to onshore refinery

TEHRAN, Jan. 20 (MNA) – Platform 13B of Phase 13 of the South Pars gas field has started gas injection to the project’s onshore refinery.
2019-01-20 08:43
Iran CNG stations at 2,489 by February: Official

TEHRAN, Jan. 17 (MNA) – The number of Iran’s compressed natural gas (CNG) stations is planned to reach 2,489 by late February, an official said.
2019-01-17 12:07
US threatens German firms over Nord Stream 2 pipeline

TEHRAN, Jan. 13 (MNA) – US Ambassador to Germany Richard Grenell sent letters to a number of German companies, hinting at the possibility of US sanctions on those supporting the Nord Stream 2 gas pipeline construction project.
2019-01-13 11:06
1st South Pars phase 22-24 platform online

TEHRAN, Jan. 13 (MNA) – Production of rich gas has started from the first offshore platform of phase 22-24 of the supergiant South Pars gas field, the project manager said.
2019-01-13 09:29
Iran natural gas output at 800 mcm/d

TEHRAN, Jan. 13 (MNA) – Iran’s natural gas output currently stands at 800 million cubic meters per day, a senior energy official said Saturday.
2019-01-13 08:57
Iran continues gas exports to Iraq, payments in euro

TEHRAN, Jan. 12 (MNA) – Managing Director of National Iranian Gas Company (NIGC) Hassan Montazer Torbati says despite the US sanctions, the gas exports to neighboring of Iraq and Turkey are continuing.
2019-01-12 21:07
By: Majid Asgaripour

New NIGC head's presser

TEHRAN, Jan. 12 (MNA) – The first press conference of Hassan Montazer Torbati as the new head of the National Iranian Gas Company (NIGC) was held at NIGC headquarters in Tehran on Saturday.
2019-01-12 16:38
South Pars Phase 13 refinery ready to sweeten 56 mcm/d gas

TEHRAN, Jan. 02 (MNA) – The onshore refining facility of South Pars Phase 13 is now prepared to be fed by all the gas produced at the offshore phase in the Persian Gulf.
2019-01-02 10:47
SP gas condensate storage capacity to increase by 2m barrels

TEHRAN, Dec. 23 (MNA) – Iran is set to launch four new condensate storage facilities to increase the storage capacity of the strategic material produced from the giant South Pars Gas Field in the Persian Gulf, a senior official said.
2018-12-23 09:14
Iran South Pars revenues at $250bn

TEHRAN, Dec. 23 (MNA) – Iran has so far generated a total of 250 billion dollars by recovering hydrocarbons from the supergiant South Pars gas field in Persian Gulf waters since the field’s development began, an official said.
2018-12-23 09:10
2nd topside of SP Phase 13 installed

TEHRAN, Dec. 18 (MNA) – The second offshore topside of the giant South Pars Gas Field’s Phase 13 in the Persian Gulf has been successfully installed.
2018-12-18 09:18
Iran’s production of Euro 4, 5 diesel fuel up by 75%: official

TEHRAN, Dec. 17 (MNA) – The launching of new hydrogen purification units at Bandar Abbas and Tabriz refineries has added 17 million liter of Euro 4 and Euro 5 diesel fuel per day, indicating a 75% increase in production.
2018-12-17 16:34
South Pars gas production set to reach 630 mcm/d by March

TEHRAN, Dec. 16 (MNA) – Iran’s gas recovery for the giant South Pars Gas Field in the Persian Gulf is projected to increase by 56 million cubic meters per day by the end of the current fiscal (March 2019), which will increase the field’s total gas production capacity to 630 mcm/d.
2018-12-16 10:12
By: Rahbar Emamdadi

Administrative Council meeting with businesspeople of Hormozgan prov.

BANDAR ABBAS, Dec. 11 (MNA) – An Administrative Council meeting with businesspeople of Hormozgan province was held at the venue of Amphitheater of Bandar Abbas National Gas Company this morning in the presence of First Vice President Es’hagh Jahangiri.
2018-12-11 10:40
By: Omid Shokri Kalehsar

Effects of US sanctions on Iran’s natural gas projects

TEHRAN, Dec. 10 (MNA) – Iran holds the second largest natural gas reserves in the world. Despite this advantage, the country controls less than one percent of the world’s natural gas market. Nevertheless, Iran is the third largest gas producer and, over the past few years, has focused on increasing its share of the global gas market. By the end of 2017, according to the National Iranian Gas Company, Iran was producing 800 million cubic meters per day.
2018-12-10 16:37
3rd gas sweetening train of SP phase 22-24 refinery goes on stream

TEHRAN, Dec. 10 (MNA) – The third gas sweetening train of the onshore refinery belonging to the giant South Pars Gas Field's phases 22-24 in the Persian Gulf has become operational, a senior official at Pars Oil and Gas Company (POGC) said.
2018-12-10 10:20
Iran installs 1st South Pars 13 topside

TEHRAN, Dec. 06 (MNA) – Iran has installed the first offshore topside of Platform 13B of phase 13 of the supergiant South Pars gas field in the Persian Gulf.
2018-12-06 11:55
Two new South Pars platforms to come on stream in winter

TEHRAN, Nov. 28 (MNA) – Operator of phases 22 to 24 of the giant South Pars Gas Field in the Persian Gulf says that two more offshore platforms will become operational in the hydrocarbon reservoir by late January 2019.
2018-11-28 11:53
Zanganeh:

CNPC 'officially' replaced Total in SP Phase 11 project

TEHRAN, Nov. 26 (MNA) – Oil Minister Bijan Namdar Zanganeh says China’s state-owned CNPC has replaced France’s Total in the development of Iran's giant South Pars Gas Field Phase 11 in the Persian Gulf.
2018-11-26 09:16
NIGEC CEO:

Talks underway for exporting Iran’s gas to Oman

TEHRAN, Nov. 18 (MNA) – Chief Executive of the National Iranian Gas Export Company (NIGEC) Mehran Amir-Moeini said that talks are underway with the Omani side on export of Iran's gas to Oman.
2018-11-18 18:20
Iran, S Korea ink 5 MoUs to enhance bilateral coop.

TEHRAN, Nov. 11 (MNA) – Five memoranda of understanding (MoUs) were signed between Iran and a South Korean trade and commercial delegation in Bushehr province on Sunday.
2018-11-11 18:40
Turkish energy min.:

Turkey granted 25 percent waiver on US Iran oil sanctions

TEHRAN, Nov. 11 (MNA) – Turkey has been granted a waiver of around 25 percent on US oil sanctions against Iran, Turkish Energy Minister Fatih Dönmez said on Nov. 9, amounting to around three million tons of oil annually.
2018-11-11 11:34
South Pars Phase 14 production doubles

TEHRAN, Oct. 27 (MNA) – Gas production in the offshore Phase 14 of the giant South Pars Gas Field in the Persian Gulf has been doubled with the phase’s second platform becoming fully operational.
2018-10-27 16:39
South Pars phase 13, 22-24 refinery becomes operational

TEHRAN, Oct. 13 (MNA) – The onshore refining facility of the phases 13 and 22-24 of the giant South Pars Gas Field in the Persian Gulf is ready to process natural gas, the chief executive officer of Pars Oil and Gas Company (POGC) said.
2018-10-13 15:41
US gives BP, Serica license to run Iran-owned North Sea field

TEHRAN, Oct. 09 (MNA) – The United States has given the British multinational oil and gas company BP and Serica Energy a new license to run a North Sea gas field partly owned by Iran in a rare exemption by US President Donald Trump’s administration.
2018-10-09 15:03
Energy security analyst:

Turkey to continue Iran gas exports despite US sanctions

TEHRAN, Sep. 16 (MNA) – Omid Shokri Kalehsar, a senior energy security analyst, told Mehr News that Turkey will continue to import natural gas from Iran despite US’ sanctions targeting Iran’s oil sector.
2018-09-16 09:09
By Ebrahim Fallahi

Caspian Sea legal regime: what it means for Iran’s oil, gas

TEHRAN, Aug. 18 (MNA) – After more than two decades of negotiations and diplomatic efforts in numerous summits, on August 12 a landmark convention was inked by the presidents of the five littoral Caspian nations – Russia, Iran, Kazakhstan, Azerbaijan and Turkmenistan on the legal status of the Caspian Sea during the 5th Caspian Summit in the Kazakh city of Aktau.
2018-08-18 15:06