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Iran Targets to Collect 16 bcm of APG Annually

Egypt Oil & Gas

Irans Oil Minister Mohsen Paknejad stated that his country is targeting to collect 16 billion cubic meters (bcm) per year of associated petroleum gas (APG) in the Seventh Development Plan (2024-28), Shana reported. He noted that the currently collected APG amounts to 4 bcm per year.

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Global energy demand rises as power consumption jumps

Oil & Gas 360º

Gas demand rose by 115 billion cubic meters (bcm), or by 2.7%, compared with an average increase of around 75 bcm annually over the past decade. As a result of higher power consumption, natural gas saw the strongest increase in demand among fossil fuels in 2024. By Tsvetana Paraskova for Oilprice.com

Energy 130
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Valor | Energy Connection – June 16, 2025

Valor

Iran’s gas field saw partial shutdown but Strait of Hormuz flows remained uninterrupted. While Iran consumes all its gas domestically due to sanctions, neighboring Qatar exports 77M tonnes annually from the shared field with Exxon and Shell. to April highs after Friday’s 4.8%

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