Gas outage at Zagros Petrochemical; Stoppage of the second production unit and its impact on Mobin Energy

Gas outage at Zagros Petrochemical; Stoppage of the second production unit and its impact on Mobin Energy

With the partial interruption of gas supply to Zagros Petrochemical Company, the company's second production unit was taken out of service on December 25, 2021, and its operations were suspended until the gas restrictions were lifted. At the same time, Mobin Energy, which provides utility services to the complex, announced that there had been a reduction in the consumption of some ancillary services, but this restriction will not have a significant impact on the company's EPS.
Annual production capacity of petrochemical projects reached 7 million tons

Annual production capacity of petrochemical projects reached 7 million tons

The Director of Assignment and Investor Services of the Petrochemical Special Economic Zone Organization announced 58 active projects in this zone and said: The annual production capacity of these projects reaches 7 million 96 thousand tons per year, which play an important role in the development of the country's petrochemical industry value chain.
Saving 1.7 billion cubic meters of gas in the petrochemical industry

Saving 1.7 billion cubic meters of gas in the petrochemical industry

The Director of Energy Consumption Optimization at the National Petrochemical Company announced that the petrochemical industry has succeeded in saving 1.7 billion cubic meters of natural gas in the past four years by implementing optimization projects, and said: "Achieving annual savings of more than 200 million cubic meters has also been targeted for this year."
Two decades after the introduction of CNG, the share of this clean fuel is still 11 percent

Two decades after the introduction of CNG, the share of this clean fuel is still 11 percent

Two decades after the introduction of CNG; the share of this clean fuel is still 11 percent. Nearly two decades have passed since the official introduction of CNG into the country's fuel basket, but this clean fuel has not been able to account for more than 11 percent of the transportation sector's fuel consumption; while official statistics indicate a huge saving of 110 billion liters of gasoline due to the use of CNG.
Forming a consensus to address energy (electricity) imbalances and help complete the petrochemical product chain

Forming a consensus to address energy (electricity) imbalances and help complete the petrochemical product chain

The memorandum of understanding to establish a joint venture to supply a 300-megawatt power plant between Iran's methanol giant and the country's largest utility company was signed at the Zagros Petrochemical Complex with the support of Dr. Shariatmadari, CEO of Persian Gulf Holding, and in the presence of Dr. Abbaszadeh, Deputy Minister of Oil and CEO of the National Petrochemical Company.