TEHRAN– Managing Director of the National Iranian Gas Company (NIGC) Hamidreza Araghi said that the contract to export Iran’s gas to Georgia is still being negotiated between private sector, Georgia, Armenia, and Iran. “The contract for the export of gas to Georgia has not been ruled out yet and if the agreements get finalized, the […]

TEHRAN- Iran exported $5.098 billion worth of gas condensate during the first nine months of the current Iranian calendar year (March 21-Decemeber 21, 2017), IRIB news reported on Tuesday. Gas condensate accounts for the lion’s share of Iran’s exports during the nine-month period, according to the Islamic Republic of Iran Customs Administration (IRICA). The value […]

TEHRAN– An NIGC official said completion of national gas distribution network will pave the path for expansion of the country’s gas trade worldwide. The National Iranian Gas Company (NIGC) Planning Director Hassan Montazer Torbati touched upon development of gas distribution network and gas pipelines across the country saying “main infrastructure of the NIGC gas distribution […]

Having abundant energy resources and a great number of power plants, Iran is one of the Middle East’s top energy suppliers which contributes to the region’s electricity supplements both directly through electricity exports and indirectly via exporting natural gas being used as feedstock for the destination countries’ power plants. Considering the fact that the country […]

TEHRAN – An NIDC official said as many as 119 oil and gas wells were drilled and completed over the first nine months of the current Iranian calendar year (began March 21). Corporate Planning Director of National Iranian Drilling Company (NIDC) Naser Gholipour pointed to drilling of 119 new oil and gas wells so far […]

Consumption of gas hit a record high in the country in the Iranian month of Day (from Nov. 21 to Dec. 24). Statistics show that gas consumption volume in various sectors of the country in the same period hit 639 million cubic/meter, indicating a record high as compared to the previous month. For his part, […]

TEHRAN – Tony Walker of Serica Energy says that his company is posed to have more interaction with Iran after the successful venture of the North Sea, Rhum Gas Field. Tony Walker, the CEO of Serica Energy plc, a UK-based oil and gas company, says that if the project in Rhum Gas Field in North […]

TEHRAN– Chinese energy giant CNPC could take over Total’s stake in a major Iranian gas project if the French company is forced to leave Iran over any new US sanctions, media reported. Total signed the $1 billion deal to develop the South Pars gas field this year. According to the company, the project will produce […]

TEHRAN- Iraq will increase its import of Iranian natural gas which started earlier this year. Iraqi government said in a statement on Tuesday that it has approved a deal to import natural gas from Iran to the eastern border province of Diyala, Reuters reported. Iran has exported 1.2 billion cubic meters of gas to Iraq […]

TEHRAN– Turkmenistan plans to take a dispute with Iran over gas supplies to international arbitration, a report said. Turkmen President Kurbanguly Berdymukhamedov discussed the issue with Myrat Archayev, head of state gas firm Turkmengas, Turkmen state news agency TDH said on Tuesday. Archayev told Berdymukhamedov that talks had fallen through and the Iranian side had […]