The CEO of the National Iranian Oil Company, noting that five oil projects are ready for operation, said: "Also, 100 investment packages in the oil industry will be presented to the domestic and foreign private sector in a seminar in the coming weeks, with the presence of the Minister of Oil, and will pave the way for increasing oil and gas production in the country."
A spokesperson for the National Iranian Gas Company announced the consumption of 636 million cubic meters of gas in the domestic, commercial, and small industrial sectors yesterday, which accounts for 73 percent of the total gas delivered to the network.
The CEO of the Iranian Gas Transmission Company stated that the excessive growth in gas consumption has put pressure on the transmission network, and added: "To ensure a stable supply of gas, emergency measures have been taken and we have put turbocompressors into service, which carries risks."
A spokesman for the National Iranian Gas Company said: "Yesterday, out of the 869 million cubic meters of natural gas delivered to the national network, 643 million cubic meters were consumed in the domestic, commercial, and small industrial sectors."
A group of journalists from the country's media attended the Qom gas pressure boosting facility and were closely informed about the gas transfer process, the efforts and labors of the employees of this large operating company in the three operational areas and the Qom facilities.
A spokesman for the National Iranian Gas Company said: Gas consumption in the domestic, commercial, and industrial sectors increased by 20 percent yesterday compared to the same day last year.
The CEO of the National Iranian Gas Company emphasized that the country's gas production record has been broken four times since the beginning of the 14th government, saying: "Currently, more than 872 million cubic meters of gas are produced and injected into the network daily."
The Turkmenistan-Iraq gas agreement for annual exports of 10 billion cubic meters via Iran reflects Iran's strategic role in transiting Turkmen gas, especially to Europe.
A memorandum of understanding was signed between the National Petrochemical Industries Company and Zagros Petrochemical Company to use the capacity of this petrochemical company in a campaign to reduce gas and electricity consumption by 10 percent in the domestic and commercial sectors.
During a ceremony to address the gas imbalance crisis, the National Petrochemical Company and Zagros Petrochemical Company signed a memorandum of understanding. The aim of this memorandum is to reduce gas consumption by 10 percent in the domestic and commercial sectors and increase the share of gas allocated to the petrochemical industry, which could lead to increased production and foreign exchange earnings. This is while the petrochemical industry is facing challenges such as gas outages at 12 petrochemical plants and feed shortages.
