Daily gas extraction from Phase 11 of South Pars has increased by 60 percent in the first 10 months of the 14th government, from 12 million cubic meters to 20 million cubic meters.

A review of gas consumption statistics from June 10 to 16 shows that the average daily gas consumption of power plants exceeded 281 million cubic meters and reached its highest level on June 12 with a consumption record of more than 287 million cubic meters.

The CEO of Petropars Group announced the commissioning of the first in-field gas well (Infill) on the SPD1 platform, Phase 1 of South Pars, and said: "This well will add about 80 million cubic feet to production capacity daily."

The CEO of the South Pars Gas Complex announced: "The Besat Power Plant of the South Pars Gas Complex, with its sustainable electricity production, in addition to providing energy to thirteen refineries, injects the surplus electricity produced into the power grid of four neighboring counties, which plays an important role in strengthening the region's national power grid."

Although Iran's daily gas production capacity has doubled in recent decades, structural, financial, and technological barriers threaten the sustainable growth of this key source of electricity for the industry.

In recent years, accelerating gas field development plans has become an unrivaled priority in energy policymaking in Iran; a policy that is being pursued with the aim of compensating for the supply shortage.

The level of oil and gas storage in power plants in the first two months of 2025 has reached about 1.5 billion liters, an increase of more than 85 percent compared to the same period last year; an impressive figure that indicates the Ministry of Petroleum's readiness to provide sustainable energy in the country.

An energy expert warned about a sharp decline in gas production in the country, emphasizing that without immediate investment of up to $70 billion in gas fields, Iran's gas production will drop to 500 million cubic meters per day within 3 to 5 years, while domestic consumption in the winter will reach 650 to 700 million cubic meters.

The Iranian Oil Minister and the Turkmenistan Foreign Minister emphasized the deepening of cooperation between the two countries in the fields of oil and gas and examined areas for expanding cooperation.

The CEO of the National Oil Company, referring to the problems of industries in the field of gas cuts in some seasons of the year, said: "A measure was taken to make two or three gas fields available to steel companies so that these complexes can also participate in production."