Reducing oil and gas consumption in non-power sectors of the country

Reducing oil and gas consumption in non-power sectors of the country

The CEO of the National Iranian Petroleum Refining and Distribution Company announced a daily average reduction of 5 million liters of oil and gas consumption in 1404 compared to last year, saying: "This success is the result of implementing control policies and measures, using smart tools to combat fuel smuggling, and intensifying monitoring of major non-power plant consumers."
Will Tehran cede Ankara’s gas market to Russia and Turkmenistan?

Will Tehran cede Ankara’s gas market to Russia and Turkmenistan?

As Iran’s 25-year gas export contract with Turkey nears its end in 2026, the prospects for this strategic partnership are facing serious uncertainties. With competitors such as Russia, Azerbaijan, and Turkmenistan poised to seize the market, Tehran’s decision to extend or redesign the contract could transform Iran’s geo-energetic position in the region.
Possibility of forming a joint consortium to develop the Kish gas field

Possibility of forming a joint consortium to develop the Kish gas field

The CEO of the Persian Gulf Oil and Gas Industry Advancement Company, referring to the significant lack of benefit for the Persian Gulf Petrochemical Industries Group from the empty production capacity of some companies, which is due to insufficient feed, emphasized the key role of this company in the upstream oil and gas sector, including participation in field development projects to provide sustainable feed for large petrochemical production units.
Iran with 37 gas fields; still dreaming of getting rid of imbalance

Iran with 37 gas fields; still dreaming of getting rid of imbalance

Despite having the world’s second-largest gas reserves, Iran continues to grapple with an energy imbalance. The country’s numerous gas fields are either underdeveloped or lagging behind in the competition for extraction from shared fields. While gas exports could become a regional lever of power, Iran has a tiny share of the global market. If this trajectory is not corrected, even meeting domestic demand will be challenged in the coming winters.
Power plant gas consumption exceeds 305 million cubic meters

Power plant gas consumption exceeds 305 million cubic meters

Statistics show that out of the total consumption of more than 4.3 billion cubic meters of natural gas in the three sectors of power plants, major industries, and household, commercial, and small industries last week, more than 2 billion cubic meters were consumed by power plants, which peaked on Monday and exceeded 305 million cubic meters.