Natural Gas
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Erdogan Defies US Sanctions on Iran Oil, Gas
EghtesadOnline: President Recep Tayyip Erdogan vowed Ankara would continue to purchase oil and natural gas from Iran despite US sanctions in comments published on Friday.
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Natural Gas Playing Ever Increasing Role in Iran Petrochemical Industries
EghtesadOnline: Petrochemical plants in Iran annually use 33 million tons of feedstock from oil and gas refineries and NGL units, and with rise in the number of factories, feedstock will rise…
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Iran in Gas Transit Talks With EU Companies
EghtesadOnline: Supplying natural gas to Europe via a pipeline from Turkey is on the National Iranian Gas Company's agenda, the CEO said.
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Gas Grid in Iran's Southeast Regions in Expansion Mode
EghtesadOnline: In line with declared government policy to provide less-developed regions with natural gas, a thousand kilometers of gas pipelines will be laid for cities in Sistan-Baluchestan…
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Iran Gas Output Capacity 810 mcm/d
EghtesadOnline: Natural gas production capacity has reached 810 million cubic meters per day, director of dispatching at the National Iranian Gas Company said.
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Oil Majors Shift to Natural Gas Becomes a Headache
EghtesadOnline: The world’s biggest oil companies have been steadily shifting investments toward natural gas, driven by an emerging globally traded market and environmental concerns. But right…
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Shahid Rajaee Power Plant Reduces Pollution, Costs
EghtesadOnline: In the first quarter of the current fiscal year (March 21-June 21), 93% of the fuel supplied to Shahid Rajaee Combined-Cycle Power Plant in Qazvin Province constituted natural…
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Gas Grid Expanding in Lorestan
EghtesadOnline: The National Iranian Gas Company supplied 1.8 billion cubic meters of natural gas to western Lorestan Province in the last fiscal (ended March 20), the company’s deputy for gas…
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Washington Exempts Iraq From Iran Sanctions
EghtesadOnline: Iraq can continue importing Iranian natural gas and power until June, said Joey Hood, charge d’affaires of the US mission in Iraq.
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Iran's Gas Sector Priorities Outlined
EghtesadOnline: Replacing eco-unfriendly fuels with natural gas, supplying petrochemical companies with gas as feedstock and exporting gas are among the Oil Ministry priorities in the current…
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Huge Increase Forecast in Global Gas Demand
EghtesadOnline: Global natural gas demand will rise by almost 50% over the next 23 years and Iran will be among the major suppliers alongside Russia and the United States.
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EU Starts Natural Gas Price War
EghtesadOnline: The stage has been set for a European natural gas price war that will help boost demand and enable both Russia and the US to increase sales to the region.
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Iran Parliamentary Think Tank Warns About Sovereign Wealth Fund Future
EghtesadOnline: Share of the National Development Fund of Iran from the export of oil and natural gas derivatives are estimated in next year’s budget bill (March 2019-20) at $6.7 billion.
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Iran's National Gas Company Showing Renewed Interest in EU Markets
EghtesadOnline: Although cold weather usually sweeps through large parts of Iran in the winter seasons, export of natural gas to neighboring countries continues as agreed and it is likely that…
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Indebted CHP Plants Not to Receive Feedstock Gas
EghtesadOnline: Some domestic combined heat and power (CHP) plants owe millions of dollars to the state-owned National Iranian Gas Company for the natural gas they received in the past few years…
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Cheap Fossil Fuels Hinder Renewables Development
EghtesadOnline: The key factor hindering renewable energy development in Iran is hefty subsidies granted to fossil fuels, making electricity output of power plants running on natural gas unreasonably…
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Gas to Overtake Oil
EghtesadOnline: Natural gas will account for a major part of energy basket in Iran and the world, as it is the most prevailing source of energy.
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Iranian Gas Consumption Double the Global Average
EghtesadOnline: Iran is burning off record amounts of natural gas, which is way higher than the global average, the deputy for gas distribution at the National Iranian Gas Company said.
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Gas Processing Exceeds 200 Billion Cubic Meters
EghtesadOnline: Iranian gas sweetening facilities processed 214 billion cubic meters of natural gas in the last fiscal year (ended March 20, 2018), the National Iranian Gas Company's production…
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Nat'l Gas Grid Targets 1,100 bcm/d Capacity
EghtesadOnline: In line with efforts to deliver natural gas to far-flung locations and boost exports, the country's national gas grid capacity will reach 1,100 billion cubic meters per day before…
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Last Town in Yazd Without Natural Gas Will Join National Grid
EghtesadOnline: The supply of natural gas to Behabad, a town of some 17,000 people and the only place in the central Yazd Province without access to the clean fossil fuel, is expected to begin…
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French Firm to Help Cut SP Gas Flaring
EghtesadOnline: The French Entrepose Group signed a memorandum of understanding with Industrial Projects Management of Iran Company and the Industrial Development and Renovation Organization…
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All Power Plants in Iran to Run on Gas by March
EghtesadOnline: More than 90% of power stations in Iran are running on natural gas as feedstock and concerted efforts are being made to stop using fuels like mazut to generate power by the end…
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Fajr-e-Jam Gas Output at 1.4 bcm
EghtesadOnline: Bushehr's Fajr-e-Jam Gas Refinery processed over 1.4 billion cubic meters of natural gas in the period between Oct. 23 and Nov. 21, managing director of the refinery said.
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Trump's Paris Adieu Is a Win for Coal and Oil But Not a Big One
EghtesadOnline: The biggest winners in President Donald Trump’s decision to walk away from the Paris climate accord are oil, coal and natural gas producers. And even they aren’t popping Champagne…
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Natural Gas Is 2016’s Best-Performing Commodity Amid Cold Blast
EghtesadOnline: A polar blast that’s poised to sweep the U.S. has turned natural gas into the year’s best performer among major commodities.