Petrochemicals have no gas for four months of the year, and soon it will be six months. To survive, petrochemicals have turned to upstream to develop gas fields themselves. But a year after the MoUs were signed, no contracts have been finalized and no gas has been extracted.
With the aim of accelerating the exploration of hydrocarbon resources and attracting investment, the National Iranian Oil Company has introduced 23 exploration blocks on land and sea, with the total in-situ oil and gas reserves of these blocks estimated at more than 193.8 billion barrels and 783 trillion cubic feet, respectively.
A possible agreement between Iran and the United States could lift Washington's sanctions on Iranian gas exports to Pakistan and revive the Peace Gas Pipeline to ensure Islamabad's energy security.
After a long period of stagnation and uncertainty over the fate of the Kish gas field development plan, new news is now reporting progress in drilling in the field and the completion of the ninth well; an event that coincides with rumors of the field being transferred to Persian Gulf Holding and has also raised speculation about the role of Touraj Dehghani, CEO of Pars Oil and Gas. Is the Kish gas field on the verge of a high-profile transfer to the petrochemical sector?
The CEO of the National Iranian Gas Company issued separate orders appointing the main, technical, and alternate members of the National Iranian Gas Company's contractual dispute resolution board.
The head of the South Pars Gas Complex Site 2 deputy announced the implementation of extensive programs to increase production, improve operational flexibility, reduce flaring, and improve employee accommodation infrastructure, and said: "With the measures taken, the complex's safe and sustainable production will be guaranteed next winter."
In 1403, the National Iranian Oil Company demonstrated a brilliant record in the gas sector by setting a record of producing 1 billion and 114 million cubic meters of gas in one day.
Khuzestan, the CEO of the Persian Gulf Bidboland Refinery Company, announced 71 percent progress in the company's projects in the field of collecting flare gases.
The executor of the Yadavaran Oil Field Development Project announced an increase in the volume of gas sent to the NGL 3200 project.
The Iraqi Prime Minister's advisor announced that the United States has maintained an exemption from sanctions on Baghdad's purchase of Iranian gas.