The CEO of the South Pars Gas Complex announced savings of 4 trillion rials as a result of the manufacturing of strategic parts and equipment by domestic companies.
The cancellation of Iraq's exemption from importing gas from Iran and the end of Iraq's electricity sector's dependence on Tehran will provide a good opportunity for the GCC countries to participate in Iraq's energy sector.
Today, the National Iranian Oil Company signed one of the largest contracts in the history of the oil industry with Petropars, Khatam al-Anbia Construction Headquarters, OIC, and MAPNA, worth approximately $17 billion.
The executive of the strategic plan for increasing pressure in the South Pars gas field, referring to the details of this huge and strategic project, said: "With the implementation of this plan, the field's recovery rate will increase from 54 percent to 75 percent and will have an economic value of $780 billion for the country."
In recent years, Iran and Türkiye have been in serious competition to become a regional gas hub, and the Turkmenistan-Iran-Turkey project emphasizes this and increases cooperation between the two countries.
A spokesman for the National Iranian Gas Company announced a 6 percent increase in the country's gas consumption in the domestic, commercial, and small industrial sectors yesterday compared to the same period last year.
A spokesperson for the National Iranian Gas Company announced the consumption of 660 million cubic meters of gas in the domestic, commercial, and small industrial sectors yesterday.
Last week (March 24-29), 6.48 billion cubic meters of natural gas were produced and delivered to the national network, of which 4.568 billion cubic meters were consumed in the domestic, commercial, and small industrial sectors, with a daily average of about 653 million cubic meters.
A spokesperson for the National Iranian Gas Company announced that 75 percent of the total natural gas delivered to the national network is consumed in the domestic, commercial, and small industrial sectors.
Based on the agreements made, Turkmenistan's gas exports to Turkey via Iran were to be activated starting today, which has strategic benefits for all three countries.