Iran Oil and Gas Industry

Turkey starts importing Turkmen gas via Iran

TEHRAN, Mar. 04 (MNA) – Turkey has begun receiving Turkmenistan's gas via Iranian territory under a barter scheme, Turkish Energy and Natural Resources Minister Alparslan Bayraktar said on Tuesday.

NIGTC ready to meet all gas needs in freezing cold weather

TEHRAN, Feb. 25 (MNA) – The CEO of the National Iranian Gas Transmission Company (NIGTC) stated the company is fully prepared to supply necessary gas as freezing cold weather sweeps the country.

Iran’s daily sweet gas production peaks at 870 mcm: NIGC

TEHRAN, Feb. 25 (MNA) – Iran has reported a new record in its daily production of sweet gas amid a cold wave that has pushed up demand for heating across the country.

Iran to raise daily natural gas output by 250 mcm in 5 years

TEHRAN, Feb. 19 (MNA) – Iran’s natural gas production will increase by a fourth of its existing capacity in the next five years despite US sanctions targeting the country’s energy sector, according to an Oil Ministry official.

After US, Russia:

Iran world’s 3rd largest gas producer

TEHRAN, Feb. 13 (MNA) – Iran is currently the third largest producer of natural gas in the world after Russia and the United States with producing 252 billion cubic meters (bcm) of gas per annum.

Cuba condemns US measures against Iran’s oil sector

TEHRAN, Feb. 10 (MNA) – Cuban Foreign Minister Bruno Rodriguez condemned the coercive measures imposed by the Government of the United States against Iran's oil sector.

IFCO CEO:

Arab states willing to invest in Iranian oil sector

TEHRAN, Nov. 17 (MNA) – Chief Executive of Iranian Fuel Conservation Organization (IFCO) Hossein Hosseinzadeh said the Arab governments have shown high interest in investing in the Iranian oil sector.

Iran ready to coop. with Tajikistan in oil, gas projects

TEHRAN, Sep. 26 (MNA) – Iran’s minister of oil has said Iranian oil exploration and production companies are ready to cooperate in upstream and downstream sectors of Tajikistan's oil and gas industry, and have a presence in international markets.

Equipment Solutions for Gas & Petrochemical Industry in ME

TEHRAN, Aug. 24 (MNA) – The following article will review the comprehensive equipment solutions available for the gas & petrochemical industry in the Middle East.

Tehran-Moscow gas coop to make Iran energy hub in region: MP

TEHRAN, Jul. 20 (MNA) – The Iran-Russia gas transfer agreement is a great step forward and will turn Iran into a regional gas hub, opening a new chapter in regional and international relations, vice chairman of the parliament’s energy committee said.

Iran oil output reaches 3.3 million bpd in April: IEA

TEHRAN, May 18 (MNA) – The International Energy Agency (IEA) has said that Iran’s daily oil production increased by 50,000 barrel per day(bpd) in April, hitting 3.3 million bpd.

Cuban ambassador:

Cuban companies keen on signing energy contracts with Iran

TEHRAN, May 08 (MNA) – The ambassador of the Republic of Cuba to the Islamic republic of Iran said on Wednesday that “We are trying to pave the ground for the investment of Iranian companies in the field of oil and gas in Cuba.”

28th Tehran international oil, gas expo kicks off

TEHRAN, May 08 (MNA) – The 28th International Iran Oil and Gas Expo kicked off on Wednesday and will continue till May 11 at Tehran International Permanent Fairground.

Oil minister:

Iran to set new record in oil, gas production this year

TEHRAN, Apr. 17 (MNA) – Iranian Oil Minister Javad Owji said Wednesday that Iran recorded a 20% increase in oil and gas production last year of 1402 (March 21, 2023-2024) in the Iranian calendar, predicting a higher production this year.

More than 250 foreign companies to attend Iran oil, gas expo

TEHRAN, Mar. 28 (MNA) – More than 1,500 domestic and 250 foreign companies will participate in the 28th International Iran Oil and Gas Expo, the public relations department of National Iranian Oil Company (NIOC) announced.

Iran’s oil sector growth exceeds 16% in 1st nine months: CBI

TEHRAN, Mar. 15 (MNA) – The oil and gas sector’s growth in the first nine months of this year of 1402 in the Iranian calendar (March 21-December 21, 2023) grew by 16%, said the Central Bank of Iran (CBI) governor.

Iran's oil minster in Turkmenistan to boost oil, gas coop.

TEHRAN, Jan. 19 (MNA) – Iranian oil minister Javad Owji held a meeting with Turkmenistan’s president and its other high-ranking officials to discuss ways to promote cooperation in the oil and gas fields.

Iran discovers four new oil, gas fields: oil minister Owji

TEHRAN, Oct. 04 (MNA) – Iranian Oil Minister Javad Owji has announced the discovery of four new oil and gas fields through exploration operations across the country.

67 oil, gas projects to come on stream by mid-March 2024: VP

TEHRAN, Aug. 16 (MNA) – Iran’s first vice president on Tuesday announced that 67 oil and gas projects will be put into operation by the end of the current Iranian calendar year (March 19, 2024).

Iran’s gas sector investment at $1.35bn in 2 years to July

TEHRAN, Aug. 08 (MNA) – Iran has invested the equivalent of $1.35 billion in its natural gas sector in the two years to July this year, according to the CEO of the National Iranian Gas Company (NIGC).

Iran’s natural gas output up 2% in 2022: OPEC

TEHRAN, Jul. 23 (MNA) – Figures by the Organisation of the Petroleum Exporting Countries (OPEC) show that Iran’s natural gas production rose by 2% in 2022 despite sanctions imposed on the country’s energy sector.

Iraq pays all gas debt to Iran: NIGC head

TEHRAN, Jun. 25 (MNA) – The National Iranian Gas Company (NIGC) managing director said on Sunday that Iraq has settled all bills related to imports of natural gas from Iran.

Iranian company to equip Venezuela gas compressor stations

TEHRAN, Jun. 15 (MNA) – An Iranian knowledge-based company receiving support from the Ministry of Petroleum will equip Venezuela’s gas compressor stations.

Iran's gas exports rise by 17% in 2022

TEHRAN, May 22 (MNA) – The National Iranian Gas Company raised its natural gas exports in 2022 by 17%, the managing director of Iranian Gas Transmission Company said.

Iran, Russia sign 8 MoUs, 2 contracts in different oil fields

TEHRAN, May 17 (MNA) – Iran and Russia signed as many as 10 agreements and memorandums of ‎understanding (MoUs) on cooperation in the oil industry on Wednesday.

American research center:

Iran world’s top oil pipeline developer despite sanctions

TEHRAN, May 14 (MNA) – An American energy research center has said in a report that Iran tops the other countries in the world with regard to the development of oil pipelines.

China announces massive oil and gas discovery in north

TEHRAN, Mar. 04 (MNA) – Chinese state-owned oil and gas corporation CNOOC has announced the discovery of a major oilfield with light crude reserves of 100 million tons in the Bohai Sea, which stretches along the country’s northern coastline.

Iran eyes 50% gas output growth by 2029

TEHRAN, Feb. 13 (MNA) – The CEO of the National Iranian Oil Company (NIOC) announced the implementation of plans to increase gas production of the country by 50% by 2029.

Iran Rich gas output hits 1.04 bcm/d

TEHRAN, Dec. 31 (MNA) – National Iranian Oil Company (NIOC) produces 1 billion and 40 million cubic meters of gas daily from 23 gas fields in the country, said a NIOC official.