Iran Gas Engineering and Development Company (IGEDC) awarded the gas storage development project in Khangiran Field (Shurijeh D Reservoir) to MAPNA Group.
The CEO of the National Iranian Oil Company says talks for signing deal for import of gas from Turkmenistan are in the final stage and the talks for renewing contract for export of gas to Turkey are also underway.
Iranian Gas Transmission Company (IGTC)’s managing director said his company is completely prepared for sustainable gas supply throughout the country during winter, Shana reported.
Iranian Oil Minister Javad Oji has said the country is determined to settle its natural gas dues to Turkmenistan as soon as possible, Shana reported.
Holding nearly 18 percent of the global gas reserves, Iran is one of the most hydrocarbon-rich areas in the world, and the country’s giant South Pars gas field (which Iran shares with Qatar in the Persian Gulf) is by far the world's largest natural gas field.
Iran’s Khazar Exploration and Production Company (KEPCO) is exploring a new gas reserve in the Caspian Sea region in the north of the country, which according to estimates can meet one-fifth of Europe’s gas needs.
Managing Director of Iran’s Persian Gulf Bid Boland Gas Refinery has said the refinery is playing a significant role in providing feed to the country’s petrochemical plants and completing their output basket.
The gas extraction from the South Pars gas field reached 183 billion cubic meters in the last Iranian year (ended March 20, 2021), showing a 99 percent growth compared to around 92 billion cubic meters in 2013.
Over 1,800 billion cubic meters (bcm) of natural gas has been produced from the giant South Pars field in southern Iran since the beginning of the field’s development up to March 20, according to Pars Oil and Gas Company (POGC) which is in charge of developing the huge gas field.
Iranian Oil Minister Bijan Namdar Zanganeh, on Thursday, inaugurated numerous gas supply projects with a total investment of 63.31 trillion rials (about $1.5 billion) in six provinces through video conference, Shana reported.