Iran Aims to Collect 16bcm of Flare Gas by End of Seventh Development Plan
Iran Aims to Collect 16bcm of Flare Gas by End of Seventh Development Plan
TEHRAN - Oil Minister, Mohsen Paknejad, has described the burning of flare gas as a waste of the country’s natural resources, emphasizing that efforts are underway to address this issue through short- and long-term projects.

Iran Aims to Collect 16bcm of Flare Gas by End of Seventh Development Plan

TEHRAN (Iran News) According to Paknejad, approximately 4 billion cubic meters of associated gas are currently being collected annually, with a target set under the Seventh Development Plan to increase this figure to 16 billion cubic meters per year.

Speaking to ISNA, Paknejad highlighted the significance of flare gas collection, a topic currently under review by the parliament’s Article 90 Commission due to its relevance to gas imbalances. “The burning of flare gas, particularly in upstream oil operations, represents a significant loss of natural resources,” he stated. “To tackle this, we’ve outlined projects and initiatives, and we’re making steady progress.”

The minister noted recent achievements, including the collection of an additional 40 million cubic feet of gas per day from the Rag Sefid oil field over the past month and a half, with totals reaching 80 million cubic feet per day. “By the end of April, we aim to hit 120 million cubic feet per day,” he added, expressing optimism that the process would continue until flare gas wastage is eliminated.

Addressing the broader issue of gas imbalances, Paknejad explained that warmer weather typically reduces domestic, commercial, and small-scale industrial gas consumption. “This reduction eases previous restrictions on gas supply to industries and power plants, allowing us to better meet their needs,” he said. He outlined a dual approach to resolving gas imbalances, including short-term measures for immediate relief and long-term strategies focused on optimizing consumption and demand management. “The Seventh Development Plan provides a strong framework to address these challenges within a set timeline,” he added.

Paknejad stressed the importance of focusing on consumption management rather than solely boosting production. “If we shift our attention away from consumption and only increase production, the gap won’t close, and imbalances will persist,” he warned. While non-price-based solutions remain a priority for the ministry, pricing strategies are also under consideration, though no specific proposals are currently on the table.

Regarding parliamentary support, the minister praised the Article 90 Commission and other specialized committees for their effective oversight and assistance. “Whenever the ministry faces execution challenges, parliament—especially the Article 90 Commission—has been a refuge,” he said. “Their supervisory role and constructive collaboration have been instrumental in overcoming obstacles.”

Commenting on external pressures, Paknejad dismissed claims by former U.S. President Donald Trump regarding halting Iran’s gas exports to Iraq. “The U.S. policy of maximum pressure has failed,” he asserted. “These are futile dreams that will not come to fruition.”

 

On the timeline for flare gas collection, the minister revealed that the ministry has set mid-2026 as the target for addressing major flare gas sources. “Some flare gases lack the quantity or commercial value to justify collection,” he explained.

 

The initiative reflects Iran’s broader commitment to reducing resource waste and optimizing its energy sector under the Seventh Development Plan.

 

End of Report

  • source : IRAN NEWS ECONOMIC DESK