Natural Gas

Iranian Oil Minister Javad Owji has stated that the country’s natural gas production from 2012 to 2022 saw an average growth of 5.2 percent. He added that the figures show the production volume in Iran was more than 2.5 times the global average growth during this period.

Figures by the Organisation of the Petroleum Exporting Countries (OPEC)  shows that Iran’s natural gas production rose by 2% in 2022 despite sanctions imposed on the country’s energy sector.

A report says Iran’s natural gas exports witnessed a 2-percent growth last year, despite the draconian sanctions imposed by the US on the Islamic Republic’s energy sector.

Iranian Oil Minister Javad Oji says the country is capable of meeting a large part of global needs for gas as it sits on one of the largest gas reserves of the world.

The construction of the second phase of a major natural gas storage facility and three projects as part of the “Sulphur Park” in the eastern Iranian city of Sarakhs has been launched in a ceremony with the presence of President Ebrahim Raisi.

Iran’s oil minister says drilling operation will soon begin at the jointly-owned Arash gas field in the Persian Gulf.

Iran’s foreign ministry spokesman has called a newly declared agreement between Saudi Arabia and Kuwait over the exploitation of the Arash gas field illegal, saying: Tehran reserves the right to exploit the field in the Persian Gulf.

The Persian Gulf Bidboland storage facility and wharf has been launched in the presence of Iran’s oil minister in the port city of Mahshahr in southern Iran.

Iranian knowledge-based companies have managed to unlock the software managing pressure of natural gas at Nar and Kangan gas field in the south of the country, raising the production level.

Iraq's Ministry of Electricity has rejected media reports that Baghdad has settled accounts with Iran for gas imports.

Iran’s Oil Ministry says the country has begun natural gas swap with Turkmenistan and the Azerbaijan Republic as part of a trilateral agreement recently signed between the three sides.

The Iranian oil minister says the country’s natural gas swap with Turkmenistan, to help it export to the Azerbaijan Republic through Iran, will begin from the turn of the year.

Iran has become the world’s third-largest producer of natural gas after the United States and Russia despite the harsh US sanctions. Iran has grown steadily over the past two decades in natural gas production, according to the US Energy Information Administration.

The price of gas across Europe surged to a record high on Wednesday amid cold weather, supply concerns and increased demand.

Iran’s petroleum minister says the country's oil and natural gas industries have developed tremendously since the victory of the 1979 Islamic Revolution of Iran.

Iran’s First Vice-President Es’haq Jahangiri says the country’s achievements in the fields of oil, gas, and petrochemicals indicate the failure of cruel sanctions against the Islamic Republic.

Iran’s Minister of Petroleum Bijan Namdar Zangeneh has unveiled plans to stop the waste of flare gas and recycle nearly all associated petroleum gas in the country by March 2023.

The deputy chief of staff of the Iranian President's Office for communications and information affairs has lauded the inauguration of Bidboland megaproject, a major refinery collecting associated petroleum gas, as the symbol of the Islamic Republic’s struggle with sanctions and economic war.

The Iranian president has inaugurated a major natural gas refinery in the south of the country, which is one of the largest projects in the Middle East.

Iranian Energy Minister Reza Ardakanian has discussed Tehran-Baghdad cooperation in separate meetings with senior Iraqi officials.

Iran and Armenia have discussed exports of natural gas as well as the extension of a natural gas-electricity barter agreement.

President of the Islamic Republic of Iran Hassan Rouhani has highlighted his administration’s major achievements in the oil, gas and petrochemical industries, saying the country’s natural gas delivery system is globally unique.

Iranian President Hassan Rouhani on Monday inaugurated three national large projects in the oil, gas and petrochemical industries.

An Iranian official says the country is not supposed to pay any damages to Turkmenistan because of overdue payments for the latter’s natural gas exports to the Islamic Republic.

Iranian Foreign Minister Mohammad Javad Zarif has called for efforts to restart the export of natural gas to Turkey after carrying out necessary repairs to the pipeline transferring gas to the neighboring country.