Iran's energy sector review

Iran's daily gas deliveries to power plants have exceeded 200mn m 3 /d since the start of the third month of the current fiscal year (March 21). But the cumulative amount of gas delivered to that sector this fiscal year (FY) is still 3.6% less than in the same period of last FY. In the first three weeks of this month (May 22 - June 11), power plants took 213mn m 3 /d, while from March 21 to May 21 they took about 144mn m 3 /d in average, the latest weekly statistics of Iran's energy ministry indicate. During 83 days of fiscal year, Iran delivered about 13.446bn m 3 , or 162mn m 3 /d to power plants. Power sector demand (mn m³)   From Mar 21 Cumulative consumption ( Y/Y change 13 days 1,460 - 5.5% 20 days 2,314 -10.9% 27 days 3,274 -11.7% 34 days 4,228 -11.9% 41 days 5,360 -9.7% 48 days 6,494 -9% 55 days 7,619 -9.7% 62 days 8,970 -7.6% 69 days 10,379 -6.5% 76 days 11,865 -5% 83 days 13...

Upstream development projects and gas production in Iran have risen sharply in the first three years of Hassan Rouhani’s presidency. Based on an official report, prepared by Iran’s oil ministry and seen by  NGE  on June 13, raw gas production from the giant South Pars gas field rose from 235.5mn m 3 /d in August 2013 to 360.3mn m 3 /d in 2015 and to 404.6mn m 3 /d in March 2016. According to the report, the country’s total raw gas production rose from 581.3mn m 3 /d in August 2013 to 718.7mn m 3 /d in 2015 and further increased to 793.7mn m 3 /d March 2016. The volume of sweetened gas in the previous Iranian calendar year (March 2015-March 2016) was 175.8bn m 3 , or 481.6mn m 3 /d. South Pars Phases Phases August 2013 (%) March 2016 (%) Mn m³/d at plateau Actual/forecast start Phase 1-10 100 100 250 2003-2010   Phase 11 - 0 50 2018+ Phase 12 81 90.6 82 2015 Phases 15-16 91.1 98.4 50 2015 Phases 17-18 77....