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Iran Oil Ministry Says Gas Capacity Restoration Continues and Flare-Gas Projects Have Been Assigned

Sahmino Newsroom | 3 November 2026 | 12 days ago

Hamid Bord, acting head of Iran's oil ministry, said in remarks published on the morning of Tuesday, November 3, 2026, and attributed to the ministry that repairs to damaged gas facilities were continuing and that part of the lost capacity had returned to production. He said the pre-existing gas imbalance remains, so a partial restoration does not mean the winter supply shortfall has been resolved.

Archive image with Mehr's report on restoration of Iranian gas facilities

Archive image with the oil ministry's gas capacity restoration report, November 3, 2026

Archive photo | Source: Mehr News

Bord also said associated-gas and flare-gas collection projects had been assigned a course of action and oil-industry development work was continuing. Assignment does not mean that every project has been completed. Gas capacity, winter demand and associated-gas collection matter to energy supply and industrial feedstock in Iran.

Sahmino context

What the prices have done since this story was published, and what Sahmino wrote around it

Over the same days, Brent Crude fell 7.5 percent, to 96.55 dollars.

Over the same days, Gold ounce fell 1.0 percent, to 3,884 dollars.

Brent Crude
−7.5%
Gold ounce
−1.0%

Prices to the close of 13 November

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