$600 million in annual revenue from flare gas collection

$600 million in annual revenue from flare gas collection

The Ministry of Oil announced that by implementing 12 new flare gas collection contracts, in addition to reducing pollution and saving national resources, 180 million cubic feet of light gas per day will be added to the production cycle. This measure is part of the country's energy consumption optimization program and addressing the country's energy imbalance.
An increase of 6.7 million cubic meters of gas delivered to the network

An increase of 6.7 million cubic meters of gas delivered to the network

The Minister of Oil said: "The amount of gas delivered to the network has increased by about 6.7 million cubic meters per day, and oil and gas reserves in power plants have also increased by 130 percent. In light of these efforts, we are entering the cold season this year with very favorable conditions."
New gas pricing system aims to support low-consumption consumers and achieve subsidy justice

New gas pricing system aims to support low-consumption consumers and achieve subsidy justice

The Director of Coordination of Gas Supply Affairs at the National Iranian Gas Company announced: "The new natural gas pricing system, in addition to supporting low-consumption and low-income groups, creates the necessary incentive to save and optimize consumption in unproductive economic sectors, and this is an important step towards sustainable energy supply and achieving justice in the distribution of subsidies."
Tavakoli: $42 billion investment is projected for the gas industry

Tavakoli: $42 billion investment is projected for the gas industry

He pointed out that the National Iranian Gas Company has taken effective steps today towards efficiency and optimization of energy consumption, adding: "Among the projects implemented in this regard is the pilot of Karvar companies in seven provinces of the country, which, according to predictions, will lead to an increase in energy efficiency of more than 10 percent."
The economic value of gas extracted from South Pars exceeded $520 billion

The economic value of gas extracted from South Pars exceeded $520 billion

The South Pars gas field, which supplies 70 percent of the country's gas, has entered a natural pressure drop phase. Implementing a pressure-boosting plan with the aim of maintaining production, preventing gas migration to Qatar, and increasing the recovery rate is a vital step in managing the country's gas balance.