74% of Iran’s energy portfolio depends on gas

74% of Iran’s energy portfolio depends on gas

The CEO of the National Iranian Gas Company emphasized that the dependence of about 73 to 74 percent of the country's energy portfolio on natural gas is not seen anywhere else in the world, and said: "By increasing power plant efficiency, developing renewable energies, and increasing the efficiency of industrial equipment, the dependence of the country's energy portfolio can be gradually reduced."
South Pars sets record; Phase 11 gas production triples

South Pars sets record; Phase 11 gas production triples

The CEO of Pars Oil and Gas Company announced the start of production of the ninth well of Phase 11 of South Pars and stated: "With the launch of this well, the gas production capacity from this border phase has increased to more than 22 million cubic meters per day."