SHANA -- 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 to sell to Georgia whose contract ...

SHANA-- 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 ...

SHANA -- Iran's state-run gas firm has expressed its readiness to deliver Turkmenistan's gas to Pakistan under a swap deal, saying it would upgrade Iran's status in global gas trading. "The National Iranian Gas Company (NIGC) has expressed its readiness to receive and swap Turkmenistan's gas even to Pakistan and India," Hamid-Reza Araqi, CEO NIGC,...

SHANA - An Iranian gas official said the Iraqi city of Basra has announced its readiness to import gas from Iran, adding the flow will begin once Iraq pays for it. Hamid Reza Araqi, CEO of the National Iranian Gas Company (NIGC), said the second phase of Iran's gas export to Iraq is under way and Basra has indicated readiness to receive gas from ...

MNA Deputy Minister of Oil Hamid Reza Araqi put the daily export of gas to neighboring Turkey at 30 million cubic meter (mcm) and said, under the contract, pertinent gas export income will be injected into the public treasury fund. Speaking in 4th Sustainable Gas Production Conference, he said, gas bill subscription cut has reduced considerable ...

IFP - Head of the National Iranian Gas Company (NIGC) says Iran has ended free gas exports to Turkey after clearing its debts to the country. In a press conference in Tehran on Monday, Hamid Reza Araqi said from now on Iran will receive money in return for any gas exports to Turkey. We have already cleared our debts to Turkey under an International ...

IRNA The dispute between Iran and Turkmenistan over a natural gas deal has reached its peak after the Central Asian country cut its gas flow to Iran in winter 2017. The negotiations did not lead anywhere, the dispute lasts and the case will most probably be refered to the International Court of Arbitration to as the last resort. The dispute ...

IRNA Negotiations are underway between Tehran and Ashgabat on a deal to swap Turkmen natural gas to the Persian Gulf region, Iran's deputy oil minister and managing director of National Iranian Gas Company said. Hamid Reza Araqi, in a recent interview with the Islamic Republic News Agency (IRNA), said that Iran and Turkmenistan so far have discussed ...

APA- Tehran is not interested in export of Turkmen gas to Turkey through Iran via swap operations, Iranian Deputy Oil Minister Hamid Reza Araqi said. According to him, Turkey is one of the traditional gas markets of Iran: We are against sale of rival countrys gas to Turkey via swap operations. However, the deputy minister added that there ...

SHANA The National Iranian Gas Company (NIGC) said Iran is currently exporting 42 million cubic meters of natural gas per day. NIGC Managing Director Hamid Reza Araqi said the above, adding exports rose to the number by starting of gas exports to neighboring Iraq. He said export of natural gas to neighboring countries will be rising in the future....

GEO- Iran may cancel high-profile gas pipeline project with Pakistan due to stunted progress on construction work, the head of National Gas Company Hamid Reza Araqi told Irans Mehr news agency. Hamid Reza said that Iran is faced with three options: either to continue with the pipeline, restart negotiations to realise the project or cancel it altogether....

MNA Deputy oil minister, while pointing to the signing of a gas cooperation agreement with Turkmenistan, said gas imports from the Central Asian state will run on for five years. Hamid Reza Araghi, Managing Director of National Iranian Gas Company (NIGC), expounded on the three-day visit of an Iranian gas delegation to Ashgabat saying during the ...

Shana Managing Director of National Iranian Gas Company (NIGC) Hamid-Reza Araqi says Iran and Russia enjoy the capacity to set up international joint gas market. Araqi made the remark after conclusion of a Memorandum of Understanding (MoU) by Russian Gazprome and the NIGC. He told the reporters that earlier, it was supposed Iran and Russia are ...

TEHRAN, Oct 15 (Shana) Deputy Minister of Petroleum for Gas Affairs Hamid-Reza Araqi says Iran has no plan to replace Russia in European gas market. The Islamic Republic of Iran has plans for access to European market through LNG and in this connection, it has no plan for competition or be a substitute for Russia, Araqi told Shana. He said per ...

TEHRAN, Sep 25 (Shana) Managing director of National Iranian Gas Company (NIGC) Hamid Reza Araqi says domestic manufacturers can supply up to 95% of the parts and items used in Iran's gas industry projects. Addressing a conference here in Tehran on Sunday, Araqi said Iran is currently supplying 70% of its energy needs by natural gas. He said NIGC,...

TEHRAN, Aug. 02 (MNA) Deputy oil minister has reported on the talks with a private firm to export and store Iranian gas in storage tanks of Azerbaijan Republic. Hamid Reza Araghi, the Managing Director of the National Iranian Gas Company (NIGC), pointed to new approached for providing impassable areas of the country with gas saying accordingly,...

  TEHRAN, July 25 (Shana) -- Managing Director of National Iranian Gas Company (NIGC) said projects are underway in the sixth 5-year development plan to 2021 for optimizing energy consumption domestically to add 120 mcmc/d to the country's gas export capacity. Addressing a training program on Monday at the Iranian Ministry of Petroleum's ...

An Iranian Petroleum Ministry official says the countrys natural gas output has risen by 23 billion cubic meters over the past year. Managing director of the National Iranian Gas Company (NIGC) Hamid Reza Araqi said Wednesday that since the beginning of operations of two refineries at the South Pars gas field in Irans south last year, over 23 ...

TEHRAN, May 02, (Shana) -- National Iran Gas Company (NIGC) and South Korean SK Telecom Company on Monday signed a Memorandum of Understanding on construction of contour measuring devices with intelligent functions and clever automation. The MoU signed between Managing Directors of NIGC Hamidreza Araqi and President of SK Telecom Company Dong-Hyun ...

TEHRAN, March 26 (Shana) Managing director of the National Iranian Gas Company (NIGC) said that following removal of sanctions and the increase of refineries output, the firm is determined to raise its presence in the global market of gas by-products. All the sulfur and LNG produced at the refineries are sold out, Hamid-Reza Araqi told Shana adding ...