Iran Seeks $160b of Investment to Raise Oil, Gas Production
Iran plans to increase its oil and gas production capacity by 50%, the head of the National Iranian Oil Company (NIOC) says.
Turkey Will Definitely Renew Iran Gas Contract
Secretary of Iranian Oil, Gas and Petrochemical Products Exporters' Union (OPEX) Hamid Hosseini says if Iraq and Turkey realize that they can supply their required gas for all seasons from other sources, they will definitely go to them but the condition in the region is in a way that there is no replacement for Iran’s gas in Iraq market and Turkey due to the rise in its domestic consumption as well as possibility for re-export of gas will definitely renew its gas contract with Iran in 2026.
Iran Gas Output From South Pars Hits 0.7bcm/d
The CEO of Pars Oil and Gas Company (POGC) said the daily gas production from the South Pars joint gas field has reached 700 million cubic meters.
Iran, China Reach Good Agreement on Joint Oil, Gas Fields
Referring to the Chinese Deputy Prime Minister's visit to Tehran, the Iranian Oil Minister announced that good agreements were agreed upon with the Chinese side regarding the development of oil and gas fields.
Iran on Verge of Becoming a Gas Importing Country
–Former Head of National Iranian Gas Company (NIGC) Hamid Reza Araqi says currently gas production is leaning on decline and the more time passes, the production decline is getting intensified and in the next years Iran will be completely a gas importing country.
Talks on Construction of Gas Pipeline to Oman in Technical Stage
The CEO of Iranian Gas Engineering and Development Company says talks have begun for construction of gas pipeline for Oman and it is in the early stages and technical and executive stage.
Iran, Turkey Strike New Gas Deal
The director of dispatching of National Iranian Gas Company (NIGC) announced holding of a meeting with the representatives of Turkey’s Butas Company and reaching new agreements.
Iran Gas Revenues Up 64% in a Year
The managing director of National Iranian Gas Company (NIGC) has said the country’s gas revenues have increased by 64 percent since the current government took office last August, IRNA reported.
Domestic firms to invest $39b in oil, gas industry
Head of Iran’s Planning and Budget Organization (PBO) has said that contracts for $29 billion of investment in the oil and gas industry projects have been concluded with domestic firms, and another $10 billion worth of new investment deals will be concluded soon, Shana reported on Sunday.
Iraq tries to boost gas import from Iran
The chairman of Iran-Iraq Joint Chamber of Commerce said that Iraq tries to increase import of gas from Iran.