The CEO of the National Iranian Oil Company said: "By the end of next year, 14 to 15 million cubic meters of gas along with oil will be collected from new projects."
The head of the Iranian Gas Engineering and Development Company considered it vital to create capacity to transport more gas to the west of the country, saying: The Ahvaz-Kuhdasht gas pipeline project is being implemented with the aim of creating operational flexibility and increasing gas transport capacity in the west and northwest of the country.
The Chief Justice of Hormozgan announced the discovery and acquisition of documents for more than 150 million liters of smuggled fuel in Hormozgan province that had been smuggled in previous years.
The CEO of the National Iranian Petroleum Products Refining and Distribution Company announced a 40 percent increase in the volume of fuel supply operations to power plants in the first 11 months of this year, saying: "The record of delivering 19.5 billion liters of petroleum products and furnace oil to power plants in the 97-year history of the National Iranian Petroleum Products Distribution Company is unparalleled."
Peak electricity demand in the 49th week of this year reached 47,155 MW, an increase of 5.51% compared to the same period last year.
Maximizing the use of existing capacities is another program that is underway. There are nearly 93,000 megawatts of power plants in the country, and we are trying to bring this number closer to 100,000 megawatts, and we are also trying to generate more electricity from thermal power plants.
Referring to the government's emphasis on reducing gas flaring, the CEO of the Pars Special Zone Organization said: "The South Pars Gas Complex is implementing a 200 million euro project, and with the completion of this project, gas flaring will fall below 5 million cubic meters by the end of 2025."
The American news outlet reported that the flow of oil from Iran to China increased this month after traders overcame logistical obstacles caused by US sanctions.
The President assessed the bilateral cooperation between Iran and Russia in the energy, industry, transportation, and trade sectors as very good and positive, and said: "The signing of the Comprehensive Strategic Cooperation Agreement between Iran and Russia is one of the most important manifestations of cooperation between the two countries."
The first national digital oil refinery conference and the second national idea show event were held by the Innovation and Entrepreneurship Center of the Abadan Petroleum Faculty in cooperation with the Abadan Oil Refining Company with the aim of introducing and improving the quality level of using artificial intelligence in the industry.