Tag Archives | National Iranian Gas Company (NIGC)

IGAT-6 Gas Pipeline Fully Operational

Iran has fully launched the 6th nationwide gas trunkline (IGAT-6) which bolsters the country’s gas export capacity to Iraq. The National Iranian Gas Company (NIGC) CEO Hamidreza Araqi said a major section of the project came online last calendar year (ended on March 20) and the last 100-km of the project has now come on-stream. […]

Iran to sign Power Deal with Georgia

The CEO of the National Iranian Gas Company (NIGC) said the company was preparing an electricity contract to sign with Georgia for export of 10% of the power it receives from Armenia in exchange for natural gas. Speaking to Shana, Hamid Reza Araqi said NIGC had earmarked 10% of the gas it receives from Armenia […]

Iran Gas Exports “Unsanctionable”: Official

The CEO of the National Iranian Gas Company (NIGC) said export and consumption of natural gas would benefit humanity, adding Iran’s gas export deals were still effective and “no one has the right to impose sanctions on them.” “Export of gas does not necessarily concern national interests, rather, human interests are hinged upon export and […]

Iran’s Gas Industry “Not Affected” by US JCPOA Exit

A top Iranian energy official highlighted the country’s self-sufficiency in the gas industry and said it is not going to face any restrictions following the US withdrawal from the 2015 nuclear deal, known as the Joint Comprehensive Plan of Action (JCPOA). In remarks released on Monday, Managing Director of the National Iranian Gas Company (NIGC) […]

€245m for Gasline in Southeastern Iran

The Iranian Gas Engineering and Development Company (IGEDC) has planned to invest €245 million on construction of a gas pipeline from the southeastern city of Iranshahr to Chabahar. IGEDC CEO Hassan Montazer Torbati said the 290-km pipeline will be commissioned by March 2020, end of the next Iranian calendar year. He said 56-inch, 42-inch, 20-inch […]

NIGC to launch 1,000 KM Gas Pipeline by March 2019

The National Iranian Gas Company (NIGC) has planned to launch 1,000 kilometers of gas distribution pipeline by the end of the current Iranian calendar year which began on March 21. An official with the Gas Engineering and Development Company said on Tuesday that his company, a subsidiary of the NIGC, built 1,000 kilometers of gas […]

Tehran, Moscow finalize Energy Cooperation MOU

The Memorandum of Understanding of the 14th Commission for Trade and Economic Cooperation of the Islamic Republic of Iran and the Russian Federation in the Oil and Gas Industries was set up in 38 articles. In the memorandum, the parties, while supporting the talks and agreements reached between the relevant ministries of the two countries, […]

Refinery sells Associated Gas

The 9th refinery of the South Pars Gas Complex (SPGC) has signed a contract with an Iranian buyer to sell gas it had previously been flaring. According to the National Iranian Gas Company (NIGC), the deal was signed with the aim of optimizing energy consumption in the refinery and preventing waste of gas and pollution […]

Iran considers 3 New Gas Research Institutes

A senior Iranian gas official says the country is planning to launch three specialized gas-research institutes in cooperation with leading universities and study centers. Speaking on the sidelines of a ceremony to launch the Gas Processing Institute of the Research Center of Petroleum Industry (RIPI), Hamid Reza Araghi, the managing director of National Iranian Gas […]

Iran has settled Gas Dues to Turkey: NIGC

The managing director of National Iranian Gas Company (NIGC) said Iran has settled its debt to Turkey for overcharging gas and from now on receives payments for its gas flow. Hamidreza Araghi told a press conference on Monday that if Iran does not play a crucial role in the international gas market, it does not […]

Iran Unveils Plan for Gas Exports to Europe

An Iranian energy official unveiled plans for a major boost to the export of gas through the country’s western distribution network, describing a rise in the pipeline capacity as part of a project to increase gas exports to Iraq, Turkey and Europe. Speaking to Tasnim on Sunday, Iranian Gas Engineering and Development Company (IGEDC) Managing […]

Austrians Interested in Joint University Activities with the Iran Oil Industry

Austrian companies are keen on joining academic activities in Iran’s oil industry, a visiting delegation from Vienna said. The willingness was signaled at the 4th Iran-Austria joint energy committee held in the central city of Isfahan where the Austrian delegation voiced their country’s keenness to join university activities in oil and gas industry of Iran. […]

Iran to Boost Gas Exports to Iraq

A top Iranian energy official unveiled plans for a rise in natural gas exports to neighboring Iraq next year. In an interview with Tasnim on Saturday, Managing Director of the National Iranian Gas Company (NIGC) Hamid Reza Araqi said the country’s exports of natural gas to Iraq will increase during the spring and summer of […]

Iran, Iraq Agree to Build Kirkuk Pipeline

Iranian Oil Minister Bijan Zanganeh said Tehran and Baghdad have reached an initial agreement to build a pipeline that would export crude oil from the northern Iraqi fields of Kirkuk via Iran. Iran and Iraq are ready to promote their cooperation in the area of energy, Zanganeh said on Sunday after a meeting with his […]

Iraq Seeking Rise in Natural Gas Imports from Iran

Managing Director of the National Iranian Gas Company (NIGC) Hamid Reza Araqi said Iraq has sought to increase its natural gas imports from the Islamic Republic. Araqi said did not specify any further details – including the new figure demanded by the Iraqis. Tehran is looking into Baghdad’s demand, he said, but added that any […]

Iran Begins Exporting Natural Gas to Iraq

Iranian Deputy Oil Minister for International Affairs Amir Hossein Zamaninia announced that the Islamic Republic has started exporting natural gas to neighboring Iraq. The exports of natural gas to the Arab country began on Wednesday night, the Iranian deputy oil minister said. Zamaninia also said the exports started with 7 million cubic meters (mcm) of […]

Iran, S. Korea Seal LNG Deal

Iran and South Korea have signed a technological cooperation agreement to for jointly developing small liquefied natural gas units. The 4-year deal concerns developing the technical savvy needed for construction of ISO containers for LNG units by consotriums from Iran and S. Korea, said Saeid Pakseresht, director of research and technology at the National Iranian […]

Iran to Lodge Complaint against Turkmenistan

Iran has prepared the required documents to file a lawsuit in the International Court of Arbitration against Turkmenistan for its failure to supply gas to the Islamic Republic in winter, the managing director of the National Iranian Gas Company (NIGC) said. “The price of gas, the damage they (Turkmens) inflicted on Iran in winter by […]

Iran Launches 5 Gas Pressure Stations

Iran launched five gas pressure station facilities on Thursday in order to boost its gas delivery capacity by 50 million cubic meters. The facilities are located in Khonj, Jahrom, Safa Shahr, Naein and Kashan. Each of the facilities are equipped with 4 25-megawatt turbo-compressors which were installed within a period of 30 months with IRR11,600b […]

Iran Ready for Talks on New Gas Deal with Turkmenistan

A top Iranian energy official said the country is ready to stop taking its case against Turkmenistan to the international arbitration court and resume talks on a new gas deal, provided that Ashgabat compensate Tehran for reneging on a previous agreement by cutting supplies. In an interview with Tasnim, Managing Director of the National Iranian […]