Natural Gas
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National Economy, Natural Gas Reserves & Diplomacy
EghtesadOnline: Iran, with the second largest natural gas reserve in the world, accounts for more than 17% of the known deposits. However, the share of our country in global gas trade is meager.
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Upward Trend in Iran's South Pars Natural Gas Field Production
EghtesadOnline: South Pars Gas Complex in Bushehr Province has produced 700,000 barrels of gas condensates per day during the first 10 months of the current Iranian year (March 21, 2022-Jan.…
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Academic Wary of Looming Natural Gas Shortfall
EghtesdaOnline: Natural gas supply shortfall in Iran is expected to surpass 400 million cubic meters per day by 2030, a professor at the Sharif University of Technology said.
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NIGC Mulls Gas Tariff Increase
EghtesadOnline: Natural gas price hike in the household sector by 150% can help reduce demand by at least 10%, the head of Research and Development Department in the National Iranian Gas Company…
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Natural Gas Network Expansion Continues
EghtesadOnline: Natural gas pipe-laying operations are underway nationwide to connect far-flung small towns to the national grid, managing director of the state-owned National Iranian Gas Company…
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Natural Gas Exports to Iraq on Downward Slope: NIGC
EghtesadOnline: The National Iranian Gas Company has reduced natural gas exports to Iraq by 15% in the last two weeks, the head of NIGC’s Dispatching Department said.
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Replacing CNG With LPG Is Not Good Economics
EghtesadOnline: So long as cars can run on compressed natural gas, liquefied petroleum gas (LPG) should be used for more useful purposes, head of the Iran CNG Association said.
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Viral Spread Ups Gas Consumption
EghtesadOnline: Covid-19 pandemic has raised natural gas consumption in the household sector by 30 million cubic meters per day over the past six months compared to a year ago, head of the National…
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IGTC Bolsters Gas Storage
EghtesadOnline: Natural gas stored in the two underground storage facilities in Sarajeh and Shourijeh increased in the first half of the current year (March 20-Sep 21) compared to the same period…
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Gas Output Exceeds 700 mcm/d
EghtesadOnline: Average daily natural gas has surpassed 700 million cubic meters, a spokesman for the National Iranian Gas Company said.
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Iran Natural Gas Consumption Up 4% Since March
EghtesadOnline: Natural gas consumption has reached 85 billion cubic meters since the beginning of the current fiscal in late March, up 4% compared to the same period in 2019, head of National…
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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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Retrofitting Vehicles With CNG on Track
EghtesadOnline: In May a website was introduced by the National Iranian Oil Products Distribution Company, where certain vehicles can register for free conversion of their vehicles into compressed…
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NIGC Reports Higher Capacity
EghtesadOnline: Natural gas refining capacity has surpassed 1 billion cubic meters a day, coordinating manager at the National Iranian Gas Company said Tuesday.
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Gas Condensate Will Substitute Natural Gas in Thermal Power Plants
EghtesadOnline: Studies are underway to redesign gas turbines in power plants so that gas condensate can be used as feedstock instead of natural gas, a deputy energy minister said.
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Utilities Inflation at 23%
EghtesadOnline: The average Consumer Price Index utilities (water, electricity, natural gas, etc.) in the 12-month period ending May 20 increased by 23% compared with last year’s corresponding…
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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…
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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…
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Iraq Buying Iran Gas, But Not Paying
EghtesadOnline: Oil Minister Bijan Namdar Zanganeh says Iraq does not pay for Iranian natural gas imports.
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Gas Supplies in Iran at Record Highs
EghtesadOnline: Natural gas supply has increased by 75 million cubic meters a day since Nov 2019, dispatching director of the National Iranian Gas Company said.
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Gas Delivery to Power Plants Cut by Half
EghtesadOnline: Natural gas delivery to thermal power plants has halved with the aim of sustaining and stabilizing natural gas supply to households in the winter season, director for technical…
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1,450-Ton Rig Adds to South Pars Output
EghtesadOnline: To boost output from the South Pars Gas Field, the third offshore deck of Phase 14 started natural gas production on Friday, the development manager said.
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Renewables Can Help Curb Gas Consumption in Iran
EghtesadOnline: Renewable energy can lower demand for natural gas by diversifying energy supplies, a consultant to the Energy Ministry’s Niroo Research Institute said.
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Iran: Domestic Gas Refining Capacity at 900 mcm/d
EghtesadOnline: Natural gas processing capacity in Iran has reached 900 million cubic meters a day, the coordinating manager at the National Iranian Gas Company said.
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Rouhani Says Energy Sector Is Self-Reliant
EghtesadOnline: President Hassan Rouhani said Sunday the country has become self-sufficient in the production of natural gas, gasoline and diesel and has started exporting the three fuels.
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South Pars to Boost Gas Output by 11%
EghtesadOnline: Natural gas production in the giant South Pars Gas Field in the Persian Gulf will increase by 70 million cubic meters per day before the calendar year is out, managing director…
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Iran's Domestic Energy Consumption Causing Concern
EghtesadOnline: Energy (oil and natural gas) produced in Iran per day is 9.5 million barrels of oil equivalent, of which 65% is consumed domestically.
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Obligation to Cut Wastage of Electricity in Iran
EghtesadOnline: Wastage of power in the national grid dropped from 15.2% to 11.1% between 2013 and 2018 and by extension cut natural gas consumption in power plants.
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Iran Reports Adequate Supply of Petrochem Feedstock
EghtesadOnline: Unlike previous years when some petrochemical plants had to be shut down due to lack of feedstock in winter, natural gas in sufficient volumes from South Pars Gas Field will keep…
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Natural Gas Grid Expanding in Southeast
EghtesadOnline: Natural gas projects worth an estimated $727 million are underway in Sistan-Baluchestan Province, head of Iranian Gas Engineering and Development Company said.