The Minister of Oil announced the discovery of large gas and oil reserves in the Pazan field in southern Fars province, saying: "With reserves of 10 trillion cubic feet of gas, this field can play an important role in compensating for the country's energy imbalance in the coming years."
The North Pars gas field development plan, referring to the construction of the first phase of the project, announced the launch of the North Pars Independent Square Development Development activities.
The CEO of the National Iranian Oil Company emphasized that the company focuses on two axes of "production" and "collection of mobile gases", stating that the National Iranian Oil Company is determined to turn the country into a major workshop for construction and keep the national economy light.
The head of the Shargh Oil and Gas Exploitation Company, announcing the company's full readiness to produce gas during the cold season, said: "The plan for this winter is to produce 65 million cubic meters of gas daily from the fields in the northeast of the country to meet part of the needs of the northeast and north of the country."
The Director of Energy and Carbon at the National Iranian Gas Company announced the development of a document to improve and modernize the brick industry in the country's brick production hub with a high share in gas consumption, and said: "About 300 cubic meters of gas are consumed to produce each ton of brick, but with changes in technology, this figure can be reduced to 27 cubic meters."
Iraq, which has sought to increase its natural gas supply and end severe electricity shortages, has faced a major obstacle. Its plan to import gas from Turkmenistan via a pipeline through Iran has failed to win approval from the United States.
The Director of Energy Consumption Optimization at the National Petrochemical Industries Company announced that 1.7 billion cubic meters of gas have been saved by implementing optimization projects in the last four years.
The operations manager of Fajr Jam Gas Refining Company announced the start of the relocation of two 65-ton refrigeration exchangers; an operation aimed at restoring production capacity and increasing the sustainability of the gas sweetening process during the winter season.
Iran stands at an important crossroads in the history of its gas industry; either it can transform gas into an engine of economic development through fundamental reforms in consumption and policymaking, or it will face a widespread crisis in energy supply by continuing the current pattern.
Regarding the fate of upstream memorandums of understanding and their conversion into contracts, the CEO of the National Petrochemical Company said: "Some of these memorandums are being converted into contracts. For example, the contract for the Bakhtar complex has been approved by the National Oil Company's board of directors and is being finalized."