Saudi Press

Saudi Arabia and the world
Wednesday, Jul 29, 2026

Three Energy Megaprojects Come on Stream

Three Energy Megaprojects Come on Stream

President Hassan Rouhani on Monday inaugurated three national large projects in the oil, gas and petrochemical industries.
President Hassan Rouhani on Monday inaugurated three national large projects in the oil, gas and petrochemical industries.

Marking the Government Week, President Rouhani inaugurated the three megaprojects at a videoconference on Monday morning.

Implemented with a total investment of €4.7 billion, the projects include the development and improvement of the gas dispatching site and a series of gas pipelines in the national network, the first phase of Bushehr petrochemical plant, as well as a 500-MW combined cycle power plant in West Karun and its adjoining power transfer equipment and station.

The 1,200-km pipelines from the sixth section of the national gas network have the capacity to transfer 110 million cubic meters of gas from the South Pars gas field to the western provinces every day.

Another pipeline in the ninth section of the countrywide network stretches for 125 kilometers from the western areas of Behbahan into the Bazargan border crossing and north of Maku in northwestern Iran to supply 60 million cubic meters of gas per day.

The new pipeline would ensure sustainable gas supplies in the country’s cold regions and would also allow for the exports and energy exchanges with the regional countries.

The first phase of Bushehr petrochemical plant includes gas sweetening section and shops producing ethane, methanol, oxygen, and 9.6 million cubic meters of input per day for the South Pars refineries.

The 500-MW West Karun combined cycle power plant is also the other major project that would generate power for the oil and gas fields west of Karun River, including the North and South Azadegan as well as North and South Yaran oilfields.

The project also includes electricity transition equipment and gas pressure reduction station at the power plant.

Addressing the ceremony, President Rouhani highlighted his administration’s major achievements in the oil, gas and petrochemical industries, saying the country’s natural gas delivery system is globally unique.

In remarks at a videoconference, he said his administration’s great achievements in the oil and gas sector would serve the Iranian nation and the next administrations.

“This administration has done great jobs in the oil and gas industries and in the joint fields,” he noted, adding that all but one of the phases in the South Pars gas field have come on stream and Iran has become self-sufficient in producing gasoline and diesel.

The president also said his administration has increased gas extraction from the joint gas fields by 2.5 times, while the crude output from the common oilfields has risen by around 6 times.

The oil output at the joint oilfields has increased from 70,000 to 400,000 barrels per day, President Rouhani stated, adding that the daily gas production has also reached one billion cubic meters.

The administration has connected 17,000 villages to the national gas network and runs at least 89 power plants with gas, he added.

Natural gas has great significance in the country, the president stressed ,saying Iran consumes around 800 million cubic meters of gas in the wintertime, which is equivalent to 5 million barrels of oil.

The president finally pointed to Leader of the Islamic Revolution Ayatollah Seyed Ali Khamenei’s emphasis on preventing the sale of raw materials, saying the administration has taken proper measures in constructing petrochemical plants.
Newsletter

Related Articles

Saudi Press
0:00
0:00
Close
Trump says Israel ‘would not survive’ without US
Nvidia Reportedly Takes Vast Texas Data-Centre Lease to Underwrite AI Expansion
FIFA’s Private-Investment Plan for World Cup Rights Draws European Revolt
Following OpenAI's Cyberattack: 'Most Companies Still Do Not Understand What Is Coming'
OpenAI Sued After ChatGPT Allegedly Discouraged Emergency Care Before Near-Fatal Embolism
Miliband Sets Climate and International Law at Centre of UK Diplomacy
Pentagon Discloses Nearly 100 US Troop Injuries During Renewed Iran Fighting
Trump Readies New Tariffs as Temporary Global Levy Nears Expiry
High Prices Push Coffee Drinkers Toward Whole Beans and Home Brewing
Trump Draws Boos and Podium Scrutiny at Spain’s World Cup Triumph
Spain Defeats Argentina in Extra Time to Win Second World Cup
Turkey Explores S-400 Transfer to UAE in Bid to Rejoin F-35 Program
US Retaliates Against Iran After Two American Troops Killed in Jordan
Proposed U.S.-Saudi Nuclear Pact Could Permit Limited Uranium Enrichment Under International Safeguards
Why Kentucky Fried Chicken Became KFC—and Why the False Explanations Persist
Iran Claims It Destroyed Bahrain’s Main Artificial Intelligence Center in Missile and Drone Strike
Ukrainian Drones Strike Wildberries Warehouses Deep Inside Russia
Reported CIA Mission Helped Clear the UAE’s Path to Advanced US AI Chips
Artificial Intelligence Capital Fuels Markets While Governments and Regulators Face Mounting Strategic Tests
China’s Moonshot’s Kimi K3 Narrows the Gap With Anthropic Through Scale, Openness and Lower Cost
Gold and Cash Seizure Puts Indonesia’s Senior Anti-Corruption Prosecutor Under Investigation
The Ledger Will Not Trust on Faith
Passenger Bound for Germany Refused to Sit Beside a Woman on a Plane — Then Slapped a Flight Attendant
Ukraine’s Leadership Rift Spills Into the Streets as Protesters Target Army Chief
The Ten World Cup Finals That Defined Football History
Smartphones Are Getting More Expensive, Sales Are Collapsing, and Even Apple Admits: "Prices Will Rise"
Leadership Change and Strategic Rivalry Redraw the Political Map
The AI Race Enters Its Infrastructure Era
Britain Nationalises British Steel to Protect Scunthorpe Production and Strategic Supply
Thomas Tuchel Faces Fierce Backlash After Tactical Retreat Costs England World Cup Final Berth
A Quiet Bastille Day: France Grapples with World Cup Heartbreak and Leftover Fireworks
Spain in Ecstasy: "We Feel Unbeatable, We Taught the Whole World a Lesson"
Harvard Astrophysicist to Lead U.S. Scientific Advisory on Unidentified Aerial Phenomena
Emergency Sirens Activated Across Bahrain as Interior Ministry Issues Shelter Directives
World Cup Visitors Turn American Big-Box Stores Into Souvenir Stops
Netflix Weighs Always-On Channels, Bundles and Short-Form Video
The AI Invoice Shock: Layoffs Didn't Save Managers Money — They Cost Them More
Concern: Sexually Transmitted Bacterium Among Men Develops Antibiotic Resistance
Passenger Partially Pulled Out of Ryanair Jet After Cabin Window Fails Mid-Flight
Severe Heatwave Drives Dangerous Ground-Level Ozone Pollution Across Two Thirds of European Union
The Physical and Electronic Barriers Disrupting Domestic Wireless Networks
France and Morocco Open World Cup Quarter-Finals as Collina Defends Refereeing
Tech Pulse: The Future of AI and Screen Culture
Global News Briefing: Escalating Geopolitical Tensions and Corporate Shakeups
Global News Brief: Escalating Conflicts, Public Health Crises, and World Cup Drama
Europe's Growing Struggle with Extreme Heat and Air Conditioning
Anthropic Reengineers Agentic Architecture to Shift Autonomous Workplace Automation to the Cloud
Logic Flaw in Windows 11 Permission Architecture Silently Consumes Hundreds of Gigabytes of Local Storage
Apple Advances Late-Stage Operating Systems with Fourth Beta Deployments
Global Crisis Alert: Escalating Middle East Tensions and UK Political Upheaval
×