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Gas Production to Reach 330 bcm

EghtesadOnline: National Iranian Gas Company’s annual gas output will increase by at least 22% by 2021, head of the state-run NIGC said.
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Publish Date:06/August/2020 | 18:39

Gas Projects Cost $17b in 7 Years

EghtesadOnline: The National Iranian Gas Company says it has invested $17 billion in natural gas infrastructure over the past seven years.
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Publish Date:04/August/2020 | 24:24

Ukraine Opposes US LNG Pricing Formula

EghtesadOnline: Ukraine’s state-held gas firm Naftogaz is reportedly opposed to the pricing formula for US liquefied natural gas it could receive under a long-term contract, while there isn’t enough infrastructure ready to ship American LNG from Poland into Ukraine, analysts have said.
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Publish Date:27/July/2020 | 11:56

1 in 10 Gas Flares in Permian Malfunction

EghtesadOnline: Over a tenth of gas flares in the Permian Basin, the large oil field in the southwest of the US, tend to malfunction and release unlit methane into the atmosphere, the Environmental Defense Fund has reported.
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Publish Date:26/July/2020 | 14:09

Gas Export Not a Priority

EghtesadOnline: The three priorities of the gas industry is people’s welfare, injection into oil wells to increase efficiency, and use in industries. Export of gas is down the line in fourth place, a spokesman of the Iranian Oil, Gas and Petrochemical Products Exporters' Union said.
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Publish Date:21/July/2020 | 24:38

Gas Flaring Down 40%

EghtesadOnline: The National Iranian Oil Company has reported that gas flaring in oilfields declined 40% in 2019 compared to 2017.
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Publish Date:20/July/2020 | 15:18

Gas Export to Turkey Resumes After 94 Days

EghtesadOnline: Iran has resumed gas exports to Turkey after Botas, the country's state oil and gas company, said it fixed the ruptured gas pipeline after 94 day, the head of National Iranian Gas Company's Dispatching Department said.
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Publish Date:05/July/2020 | 09:44

NIGC Says Ready to Double Supplies to Power Plants

EghtesadOnline: The National Iranian Gas Company can double the volumes it delivers to thermal power plants and supply at least 310 million cubic meters of natural gas a day to power stations at the peak of electricity consumption in mid-summer, the company spokesman said.
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Publish Date:14/June/2020 | 10:34

South Pars Refinery Raising Output

EghtesadOnline: The sixth natural gas processing plant in South Pars Gas Complex will increase production this year (started in March), director of the refinery said.
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Publish Date:02/June/2020 | 07:54

Turkish Delays in Fixing Damaged Gas Pipeline Unacceptable: NIGC

EghtesadOnline: The National Iranian Gas Company has officially notified Turkey's Botas, the gas importing company, about its lack of cooperation regarding resumption of natural gas import from Iran that was interrupted 60 days ago, the NIGC chief said.
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Publish Date:31/May/2020 | 05:51

Pandemic Dislodges Oil, Gas and Petrochemical Exports

EghtesadOnline: The value of oil, gas and petrochemical exports has declined due to upheavals in the international oil market caused by the coronavirus. The massive quarantines and market closures worldwide have had a negative impact on the sales of the strategic products, a spokesman of the Iranian Oil, Gas and Petrochemical Products Exporters' Union said.
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Publish Date:18/May/2020 | 05:51

Iraq to Study Using Kurdish Gas for Power Generation

EghtesadOnline: Iraq plans to study using Kurdish natural gas for power generation, the country's oil minister said on Sunday, allowing OPEC's second-largest oil producer to plug the gas deficit and power shortage.
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Publish Date:21/April/2020 | 11:57

Virus Pushing Oil Equipment Manufacturers Over the Edge

EghtesadOnline: An estimated 800 companies active in manufacturing oil/ gas equipment are facing insolvency due to the huge economic impact of the coronavirus, head of the Iranian Oil Equipment Manufacturers' Association said.
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Publish Date:20/April/2020 | 13:25

Iranian Energy Firms Join Campaign Against COVID-19 Outbreak

EghtesadOnline: Oil and gas companies including the National Iranian South Oil Company, a subsidiary of the National Iranian Oil Company, are doing their fair share in helping degrade and defeat the coronavirus, managing director of the affiliated company said on Monday.
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Publish Date:11/April/2020 | 16:31

Iran: Red Flag for Gas Consumption

EghtesadOnline: Decline in electricity output due to high gas consumption in the household sector will have adverse effects on the power export, vice president of Iran Electrical Industry Syndicate said.
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Publish Date:18/February/2020 | 24:48

Indigenizing Oil Industry Equipment Making Progress

EghtesadOnline: South Zagros Oil and Gas Production Company, a subsidiary of the National Iranian Oil Company, has manufactured and repaired 1,500 parts used in the oil and gas industry with the help of domestic companies over the past fiscal year), the SZOGPC managing director said.
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Publish Date:16/February/2020 | 10:31

Power Outages Possible if Gas Use Not Cut

EghtesadOnline: Close to 51.5 million cubic meters of natural gas was consumed per day in thermal power plants between March and December 2019, the Energy Ministry spokesman for power department said.
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Publish Date:10/February/2020 | 24:24