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New Gas Turbine to Curb Tehran’s Water Consumption, Air Pollution

EghtesadOnline: The replacement of dilapidated gas turbine in 52-year-old Besat Thermal Power Plant in southern Tehran with a domestically-manufactured F-class gas turbine will help curb water consumption by 95% from 18 million liters to 800,000 liters per day, director of combined-cycle projects at the Thermal Power Plants Holding Company said.
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Publish Date:28/June/2021 | 11:00

$1 Billion Gas Refinery Opens in Fars Province

EghtesadOnline: The Parsian Sepehr Gas Refinery became operational on Thursday in Fars Province, head of the company’s board of directors said.
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Publish Date:17/April/2021 | 19:01

Turkey Cuts Gas Import From Iran

EghtesadOnline: Turkey’s natural gas import from Iran declined by 31% in 2020 compared to a year ago. According to Barq News, the latest report issued by Ankara-based Energy Market Regulatory Authority (EMRA) indicates that the National Iranian Gas Company’s export to the neighbor dropped to 5.3 billion cubic meters in 2020.
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Publish Date:06/March/2021 | 13:01

Gas Output Capacity to Reach 1.1 Billion cm/d in 4 Months

EghtesadOnline: Natural gas output capacity is expected to increase by 100 million cubic meters per day over the next four months, managing director of the National Iranian Gas Company said on Tuesday.
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Publish Date:03/March/2021 | 18:24

Green Growth Is Nowhere, Thanks to Subsidized Energy

EghtesadOnline: Consuming unlimited volumes of oil derivatives and gas for heating and not converting it to value added products means wasting national resources and imposing a heavy burden on future generations, a lecturer at Sharif University of Technology said.
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Publish Date:22/February/2021 | 20:16

NIGC, Turkey’s Botas Explore Future of 2001 Gas Contract

EghtesadOnline: The National Iranian Gas Company (NIGC) has started negotiations with Botas, Turkey's state oil and gas company, to renew a natural gas contract that expires in 2026, the deputy oil minister for international affairs said.
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Publish Date:15/February/2021 | 19:44

Mapna’s Hydrogen Gas Turbine to Make Debut

EghtesadOnline: Mapna, the engineering and energy giant, has manufactured hydrogen-fuelled gas turbines that consume less gas to generate electricity and instead of hazardous emissions discharge water, the managing director said.
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Publish Date:13/February/2021 | 19:32

60-Km Pipeline Will Link Qeshm to Nat’l Gas Grid

EghtesadOnline: Pipe-laying operation has begun to connect the Persian Gulf’s largest Island (Qeshm) to the national gas grid, head of the state-run National Iranian Gas Company said.
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Publish Date:07/February/2021 | 18:13

$50b Needed to Boost Gas Output

EghtesadOnline: An estimated $50 billion is needed to develop and maintain gas fields across Iran over the next 20 years, managing director of Pars Oil and Gas Company, a subsidiary of the National Iranian Oil Company said.
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Publish Date:30/January/2021 | 19:16

$3.4b Gas Refinery Opens in Khuzestan

EghtesadOnline: The $3.4 billion Persian Gulf Bidboland gas refinery was inaugurated Thursday in Khuzestan Province to trap associated gas from crude oil production instead of flaring, the managing director said.
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Publish Date:23/January/2021 | 16:19

Iraq Waiting for Resumption of Iran Gas Supply

EghtesadOnline: Iraq is still waiting for Iran to resume supplying the country with sufficient amounts of gas for power generation, after the US granted Baghdad a 90-day waiver to continue to import electricity from Tehran on Dec. 30.
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Publish Date:07/January/2021 | 18:08

Utilities Inflation at 22.8%

EghtesadOnline: The average goods and services Consumer Price Index of utilities ( gas , electricity and water) in the 12-month period ending Aug. 21, which marks the end of the fifth Iranian month, increased by 22.8% compared with last year’s corresponding period.
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Publish Date:01/September/2020 | 11:37

Canadian Oil and Gas Spending Plummets 54%

EghtesadOnline: Canada’s capital spending on its oil and gas industry fell by more than half in the second quarter as the pandemic-inspired low prices continue to burden oil and gas producers with impossible breakevens.
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Publish Date:31/August/2020 | 13:21

Utilities Inflation at 22.7%

EghtesadOnline: The Consumer Price Index of utilities (electricity, gas and water) in the 12-month period ending July 21, which marks the end of the fourth Iranian month, increased by 22.7% compared with last year’s corresponding period.
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Publish Date:12/August/2020 | 10:33

Iran's Top Oil Driller Reports on Nationwide Performance

EghtesadOnline: The National Iranian Drilling Company has drilled and repaired 96 onshore and offshore oil and gas wells since March 2019, the company’s deputy managing director for drilling affairs said.
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Publish Date:26/January/2020 | 11:22

Freezing Temperatures Push Up Gas Consumption in Iran

EghtesadOnline: Gas consumption in the household sector is expected to surpass 600 million cubic meters (per day) as cold spell is sweeping across many regions, head of the public relations office of the National Iranian Gas Company said.
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Publish Date:20/January/2020 | 13:22

Gas Price Rise Makes Road Transport More Attractive

EghtesadOnline: The number of passengers using road-based public transport services has increased to 100 million in the nine Iranian months ending Dec. 21 from 92 million during last year’s corresponding period, says an official with Iran Road Maintenance and Transportation Organization.
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Publish Date:11/January/2020 | 24:51

New Gas Boosting Pressure Stations for IGAT

EghtesadOnline: Eighteen gas boosting pressure stations in Fars, Lorestan, Semnan, Kurdestan and Bushehr have become operational since March 2019 to expand the Iran Gas Trunkline (IGAT), managing director of Iranian Gas Engineering and Development Company said.
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Publish Date:05/January/2020 | 24:19