New gas field discovered in northeastern Iran
It will allow the region to produce additional 3 mln cubic meters of gas per day
Iranian gas
Iran searching for new oil and gas reserves on border with Azerbaijan
Oil and gas exploration is currently underway near Azerbaijan’s border and in Iran’s northwestern Ardabil province, head of the Exploration Department at the National Iranian Oil Company Mohyeddin Jafari said.
Large natural gas reserve discovered in southern Iran
Iran has discovered a large gas reserve in its southern province of Fars near the Persian Gulf as the country moves ahead with plans to expand its massive petroleum sector.
Armenia wants to buy LNG from Iran
Armenia may soon begin receiving liquefied natural gas from Iran, following Yerevan's formal request to Tehran for supply quotas.
Iran increases number of drilled wells
Iran's National Iranian Drilling Company (NIDC) has drilled and completed 48 oil and gas wells across onshore and offshore regions during the first four months of the current Iranian year (March-July), marking a year-on-year increase of 17 wells.
Iran's oil and gas sector value grows 11%
Iran's Central Bank reports an 11% annual growth in the oil and gas sector's value from March 2024 to March 2025. This sector accounted for more than 8% of the total gross domestic raw material product.
Iran increases gas exports to Türkiye by 30%
Iran has increased gas exports to Türkiye in 2024, with the country's share of the Turkish gas market now exceeding 13%.
Azerbaijan becomes Türkiye's second-largest gas supplier
Azerbaijan has secured its position among the top three natural gas suppliers to Türkiye in January 2025, Türkiye's Energy Market Regulatory Authority (EPDK) reported. In January 2025, Türkiye imported 795.39 million …
Iran steps up development of Arvand oil field
Iran's Arvandan Oil and Gas Production Company (AOGPC) has continued the development of the joint Arvand oil field with Iraq by placing a drilling rig at the oil …
Iran expands energy sector with new gas field development
The National Iranian Oil Company (NIOC) is set to begin the development of the North Pars gas field soon, Managing Director of Iran's Pars Special …
First private oil terminal launched in Iran
The first private oil terminal has been inaugurated in Iran, with energy exports through the facility expected to reach about 3 million tons.
Iran intends to increase gas exports to Armenia significantly
Iranian gas exports to Armenia should increase significantly in the near future, the Iranian Ambassador to Yerevan said. He clarified that Armenia had been receiving more than 350 cubic meters of Iranian gas every year.
Iran's foreign trade increases
Iran's foreign trade increased by nearly 48% and reached $10.420 million in March-April. Iran's trade balance, including crude oil, gas …
Explosion at Iran's gas pipeline could be act of sabotage
Explosions struck a natural gas pipeline in the Chaharmahal and Bakhtiari province province of Iran early on February 14. The incident happened in Boroujen …
World to run out of gas
According to the Qatari Minister, in the next few years, natural gas will be in greater demand in the world than other resources. However, based on current trends, it can be assumed that there will be a shortage of it.
Armenia wants to increase gas import from Iran
Armenia and Iran intend to increase the scale of cooperation under the gas for electricity program, Armenia's Minister of Territorial Administration and Infrastructure Gnel Sanosyan said. According to him, Armenia imports annually …
Gas hub in Iran: Gazprom to explore issue
Gazprom will explore the issue of potentially creating a gas hub in Iran, Russian Deputy Prime Minister Alexander Novak said, adding that Moscow will participate in the project if it turns potentially good. "I think …
Yerevan and Tehran extend "gas-for-electricity" agreement
Armenia will continue to receive gas from Iran in exchange for electricity. The parties extended the relevant agreement. Now it is valid until 2030.
Tehran and Moscow reach agreements on energy hub
Iran and Russia have reached certain agreements on the creation of an energy hub, negotiations on this issue are ongoing, Deputy Minister of Oil of the Islamic …
Russia considering gas hub in Iran
Russian Deputy Foreign Minister Alexander Pankin commented on Tehran's idea to create a gas hub voiced earlier. "It is a matter of study by experts, indeed. It's all about the details," the …
