The Seventh Development Plan aims to prevent daily waste of 1.285 million barrels (US) of crude oil equivalent from the energy produced in the country, equivalent to more than 150 million cubic meters of gas; an action that has provided an attractive market and a valuable opportunity for the presence of private sector companies in the field of engineering and technology.
The CEO of the National Iranian Oil Company, emphasizing the importance of the Ahvaz field as the country's largest oil field, said: "The implementation of this plan is an effective step towards increasing the recovery rate and realizing the oil industry's macro policies in applying new methods of increasing recovery."
The more than two-decade-old contract to export 10 billion cubic meters of Iranian gas annually to Turkey expires in mid-2026, but unlike in the past, there is no sign of Ankara's willingness to extend it this time. This is an issue that experts see as not only a threat to the country's gas revenue, but also a danger to Iran's geopolitical position in the region.
Head of Planning for Development and Support for Construction Inside the Iranian Offshore Petroleum Company said: In order to produce the first time and with the support of the Iranian Offshore Oil Company, the TD-4000 Right Turbine Oil Radiator was built by a domestic company and installed at the old Khark Operational Power Plant.
The CEO of South Zagros Oil and Gas Company, referring to more than three decades of production from the Nar gas field, said that with the implementation of the pressure boost project since year 2, more than 5 % of the gas has been produced and its conversion program is underway.
The 2025 overhaul of the South Pars Joint Field gas platforms is in its final stages with more than 90 percent progress. This operation began at the beginning of the year with the aim of increasing production stability, improving safety, and preparing for the cold season, and is now being completed with the round-the-clock efforts of Pars Oil and Gas Company employees.
The manager of the eighth refinery of the South Pars Gas Complex said: "The eighth refinery of the South Pars Gas Complex, relying on modern technologies and using 100 percent domestic products, has been able to produce more than 6 billion cubic meters of sweetened gas in the first half of this year and transfer it to the national pipeline."
Hassan Moradi, an energy expert, believes that the end of Iran's gas export contract to Turkey in 2026 could have economic and security consequences for the country. He emphasizes that Iran must use energy diplomacy and a smart approach to persuade Turkey to extend gas cooperation.
As the winter approaches, the project of natural gas car companies designed to optimize consumption and reduce energy intensity is approaching the national implementation stage, and the project will soon be implemented in 2 to 4 provinces, according to the National Iranian Gas Company's energy and carbon director.
The Minister of Oil announced the discovery of large gas and oil reserves in the Pazan field in southern Fars province, saying: "With reserves of 10 trillion cubic feet of gas, this field can play an important role in compensating for the country's energy imbalance in the coming years."
