Gas Production
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Iran has completed SPGF Phase 11 using technical knowhow
TEHRAN, Oct. 03 (MNA) – Following the exit of foreign firms from Iran, Phase 11 of South Pars Gas Field was completed by expert engineers, reaching a peak production capacity of 1 billion cubic feet per day aimed at reducing the energy imbalance.
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Europe gas price hit a 3-year record high
TEHRAN, Sep. 02 (MNA) – European natural gas prices hit their highest since 2023 and oil touched a five-week high of $97 a barrel on Wednesday as the resumption of hostilities between the US and Iran raised fears of a return to full-blown conflict.
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New well lifts South Pars Gas Field's Phase 11 output
TEHRAN, Jun. 14 (MNA) – A new production well has been brought online at Phase 11 of South Pars gas field, boosting output from the project to more than 26 million cubic meters of rich gas per day, according to the head of Pars Oil and Gas Company.
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Iran restores South Pars production to pre-war levels
TEHRAN, May 28 (MNA) – Iran has restored production at the South Pars industrial hub to its pre-war capacity after a long, intensive repair operation.
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Gas price hits new record high amid US war against Iran
TEHRAN, May 03 (MNA) – The price of gas in the United States reached a new record high again as President Donald Trump threatens to continue the war of aggression against the Islamic Republic.
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South Pars gas output sets 9 production records
TEHRAN, Feb. 06 (MNA) – Iran’s South Pars gas field has set nine production records over the past two years, with daily output reaching a new high of 727 million cubic meters.
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Iran confirms plan to extend gas export contract with Turkey
TEHRAN, Nov. 02 (MNA) – Managing Director of the National Iranian Gas Company (NIGC) says Iran’s gas export contract with Turkey will definitely be extended.
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Iran elected to head GECF Executive Board
TEHRAN, Oct. 23 (MNA) – Iran’s oil minister announced that the country has been elected chair of the Executive Board of the Gas Exporting Countries Forum (GECF).
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Iran proposes new initiatives to boost GECF global influence
TEHRAN, Oct. 23 (MNA) – Iran’s Oil Minister, Mohsen Paknejad, announced that Tehran will present strategic proposals at the 27th Ministerial Meeting of the Gas Exporting Countries Forum (GECF) aimed at strengthening collective interests.