Sanctions, lack of investment and mismanagement have plagued Iran's energy industry for years. Iran has been importing gas from its neighbor Turkmenistan for a long time, which has occasionally cut off its gas flow to Iran due to non-reimbursement.
The CEO of PetroIran Development Company announced the exploitation and drilling of the first well of the second package of the contract for the drilling of 9 wells for the development of infield drilling (INFIL) in South Pars in the shortest possible time.
The 18th Iranplast International Exhibition was opened with the presence of 288 foreign companies and 525 domestic companies at the permanent location of Tehran International Exhibitions.
The first vice president said: The growth of oil exports in the 7th annual development plan has been seen by 12% and the annual growth of the oil sector in the economy by 9%.
The Iran-Turkey gas contract ends in 2026, and its extension was uncertain due to Iran's own needs. But with Iran's recent agreements with Russia and Turkmenistan to import gas, the possibility of extending this contract has also become stronger.
The CEO of the National Iranian Oil Company emphasized the need to speed up and increase the extraction from the Azadegan South joint field by the end of the year in a think-tank meeting with the senior managers of Arundan Oil and Gas Company.
Tajik, the head of the Tehran Chamber of Commerce's Energy Commission, said: "There are many problems with the way of supplying and discovering the prices of products in the stock market, and the existence of Syrian companies and unrealistic demands is one of them."
Iran's policies for exporting oil and circumventing sanctions have found a more clever shape and form and new purposes for themselves.
Kuwait is one of the gas importing countries in the Persian Gulf region, which recently signed a 15-year contract with Qatar to import LNG. While Iran and Kuwait can revive the agreement on the import of Iranian gas through the Iraqi pipeline.
High-ranking Pakistani official sources said that Iran has sent its last warning to Pakistan that Tehran has no option but to file a complaint against Pakistan to the Paris Arbitration Court for not building and completing the Iranian gas import pipeline by September this year (until this fall).