One of the world’s top buyers of liquefied natural gas (LNG) is trying to defer some shipments scheduled through this year as the coronavirus outbreak cripples demand and as it grapples with brimming inventories. The move signals that efforts to curb the spread of Covid-19 may impact energy consumption far …
Read More »No Disruption in South Pars Production despite COVID-19 Outbreak
The CEO of Pars Oil and Gas Company (POGC) said the spread of coronavirus had not interrupted gas production from the South Pars joint gas field.
Read More »Refining Capacity of Persian Gulf Star Refinery to hit 480k bpd by September
The gas condensate refining capacity of Iran’s Persian Gulf Star Refinery is planned to grow 60,000 barrels per day (bpd) by September 2020 to hit 480,000 bpd.
Read More »South Pars Gas Refineries Up and Running despite COVID-19 Outbreak
All the refineries processing South Pars gas output are operating normally and there is no drop in their output despite the coronavirus outbreak, an official with the South Pars Gas Complex said.
Read More »Ukraine’s Gas Storage at Record-High Levels
Ukrainian natural gas storage levels are currently 80% higher than the same period last year, state-run gas transmission operator Ukrtransgaz said on Tuesday. The company said that as of March 31 there were 15.9 billion cubic meters (Bcm) of natural gas in underground storage. This is one of the highest …
Read More »China Resumes LNG Imports from the US
Chinese buyers have resumed imports of liquefied natural gas (LNG) from U.S. exporters, as Beijing started granting waivers to a 25% import tariff. Last month the Chinese government commenced a process to award tax waivers to some LNG buyers. The exemptions would last for a year and allow importers to …
Read More »Iran’s Production from South Pars Gas Field more than 700 Million Cubic Meters
The managing director of Pars Oil and Gas Company with installation of the jacket of Phase 11 the natural gas production of the gas field surpassed 700 million cubic meters. Mohammad Meshkinfam said the offshore part of Phase 11, and six platforms of phases 13, 14, 22, 23, and 24 …
Read More »Total Value of Gas Wasted Through Flaring Reached $19bn in 2019
A new study reveals ten countries combined currently flare more than 9.5 billion cubic feet of gas everyday.
Read More »Gas Output Rise Could Handle Feedstock Demand in Iran’s Petchem Industry
The steady increase in Iran’s gas production has provided the domestic petrochemical players with the opportunity to diversify their feedstocks in a bid to tackle the shortages created in the past years.
Read More »Iran to Resume Gas Exports to Turkey Soon
National Iranian Gas Company (NIGC) says Iranian gas exports to Turkey will resume in a few days after repairing the gas pipeline from Iran to Turkey which was hit by an explosion.
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