If the Strait of Hormuz is closed, who is the first victim?

If the Strait of Hormuz is closed, who is the first victim?

A member of the Majlis National Security Commission still threatened to close the Strait of Hormuz, while such a speech may seem attractive to the general audience, in fact deepest disregard for Iran's economic and geopolitical realities. The key question is if the Strait of Hormuz really closes, who is most damaged? The answer is clear, Iran itself. Even if the country's oil exports reach 6,000 barrels a day, there is still no other way than to cross the same strait.

From Qatar’s domination to Iran’s failure; The story of the failure of three projects of LNG

From Qatar’s domination to Iran’s failure; The story of the failure of three projects of LNG

While Qatar has become the world's liquefied natural gas export giant using the South Pars joint field and has earned more than $ 5 billion in the year, Iran has failed with three huge gas liquid projects. Iran LNG, Pars LNG and Persian LNG's projects, which were supposed to be Iran's entry into the world market, were under pressure from sanctions and the withdrawal of foreign companies into semi -finished structures in Assaluyeh; An unfinished dream that has taken the opportunity to consolidate Iran's position in the global energy industry.

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Pazan Square became Iran’s largest onshore gas field

Pazan Square became Iran’s largest onshore gas field

Announcing the discovery of two petroleum and oil tanks in Pazan Square by the Minister of Petroleum, the director of the National Iranian Oil Company's exploration company, with the new volume, described the square as Iran's largest landfill field.
From Maroon Petrochemical’s Failed Experience Downstream to the Mist of Oblivion on the Propylene Chain

From Maroon Petrochemical’s Failed Experience Downstream to the Mist of Oblivion on the Propylene Chain

Energy expert Mustafa Saeedi, referring to Maroon Petrochemical's failed experience in entering downstream industries, emphasized that entering fields that are mainly carried out by small and medium-sized enterprises with teams of 20 to 30 people is harmful for petrochemicals. He criticized the neglect in developing the propylene chain and warned that the continuation of this trend will exacerbate dependence on imports of intermediate and final products.
Bu Ali Sina Petrochemical Plant to undergo overhaul

Bu Ali Sina Petrochemical Plant to undergo overhaul

Bu Ali Sina Petrochemical announced that starting October 4, some of the company's production units, including aromatics and paraxylene, will enter a major overhaul phase. The overhaul will last for 12 working days, but according to the company, it will not cause a complete stoppage of production and will not have a significant impact on the annual production plan.