The Foreign Ministry spokesman announced: "Iran has always emphasized constructive cooperation with the Kuwaiti government in the field of energy, especially regarding the Arash gas field and the joint exploitation of its resources, based on bilateral negotiations and the history of previous talks."
The CEO of the South Pars Gas Complex announced: "The Besat Power Plant of the South Pars Gas Complex, with its sustainable electricity production, in addition to providing energy to thirteen refineries, injects the surplus electricity produced into the power grid of four neighboring counties, which plays an important role in strengthening the region's national power grid."
Although Iran's daily gas production capacity has doubled in recent decades, structural, financial, and technological barriers threaten the sustainable growth of this key source of electricity for the industry.
In recent years, accelerating gas field development plans has become an unrivaled priority in energy policymaking in Iran; a policy that is being pursued with the aim of compensating for the supply shortage.
The level of oil and gas storage in power plants in the first two months of 2025 has reached about 1.5 billion liters, an increase of more than 85 percent compared to the same period last year; an impressive figure that indicates the Ministry of Petroleum's readiness to provide sustainable energy in the country.
The executor of the South Pars Phase 11 development plan announced: For the first time since its operation, the major repairs of the offshore platform Phase 11 were successfully implemented ahead of schedule, with the cooperation of all project elements in the contracting and commissioning sectors.
The head of the judiciary said: "It is absolutely unacceptable that the country is in dire need of fuel, and then it is announced that $15 billion or even more worth of gasoline and diesel are being smuggled into the country!"
The Director of Coordination and Supervision of Production at the National Iranian Gas Company announced the early start of major repairs to the country's refineries, saying the operation will be completed by October. This issue has always been associated with challenges regarding the supply of electricity to power plants due to energy imbalances and the refineries' need for gas.
An energy expert warned about a sharp decline in gas production in the country, emphasizing that without immediate investment of up to $70 billion in gas fields, Iran's gas production will drop to 500 million cubic meters per day within 3 to 5 years, while domestic consumption in the winter will reach 650 to 700 million cubic meters.
The Deputy Director of the National Development Fund announced that the companies implementing the South Pars Gas Field Pressure Boosting Project have not yet applied for financial facilities through the operating bank, despite our readiness to provide financing.
