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NIOC eyes 1.5 bcm/d gas production capacity with over $70b investment: CEO

The National Iranian Oil Company managing director said on Friday NIOC plans to invest more than $70 billion in the coming years to increase the country’s gas production capacity to 1.5 billion cubic meters per day (bcm/d).

Oil, gas sector experiences growth of 9% last Iranian year

TEHRAN- Iranian President Ebrahim Raisi said that the oil and gas sector experienced a growth of nine percent in the past Iranian calendar year 1401 (ended on March 20).

Iran increasing gas refining capacity before winter

TEHRAN- After completing the steps of gas extraction from the platforms of phase 14 of developing South Pars gas field, which Iran shares with Qatar in the Persian Gulf, the experts and workers of the oil and gas industry started the transfer of gas to the sixth national line.