Daily gas extraction from South Pars Phase 11 has risen by 60% during the first 10 months of the 14th administration, increasing from 12 million cubic meters (mcm) to 20 mcm per day.
Iran is supplying record amounts of natural gas to its power plants amid a sudden rise in temperatures that has pushed up demand for cooling.
The CEO of the National Iranian Gas Company (NIGC) has announced that the company exceeded its target for injecting sweet gas into the national grid this winter, with daily records reaching 872 million cubic meters (mcm).
Iran’s Oil Ministry is expanding its natural gas storage capacity to reach a target of 100 million cubic meters (mcm) per day of supply from storage caverns to the country's gas grid by 2028.
The Iranian Oil Ministry announced on Monday that the country will soon purchase 9 million cubic meters of gas per day from Russia via Azerbaijan.
Managing Director of Iranian Gas Transmission Company (IGTC) Saeed Tavakkoli said that daily gas transmission capacity will hit over one billion cubic meters in 2025.
