By launching Fahlian Well No. 52 in the South Azadegan Field, Petropars Group increased the country's daily oil production by 3,000 barrels, bringing the field's capacity to 61,900 barrels per day.
Major repairs to the ethylbenzene and styrene monomer units and emergency repairs to the ethane extraction unit of Pars Petrochemical Company have begun.
Despite the special capabilities in developing the propylene value chain, due to excessive licensing and lack of sound policymaking by the National Petrochemical Company, this market is becoming saturated and is on track to suffer a similar fate to methanol production units.
The executor of the Cheshmeh Khosh, Dalpari, and Paydar Shargh oil fields development plan said: The pre-launch operation of the first mobile desalination unit in Iran's oil industry has begun, opening a new path to increase production capacity and facilitate the processing of salt oil in the country's oil fields.
The CEO of Jamco said: "The electricity economy in Iran is paralyzed; power plants are not even making ends meet for their repairs, let alone building new ones." He warned that incorrect electricity pricing has caused investors to flee the sector and that the electricity imbalance is deepening every year.
The Director of Planning and Development of the National Petrochemical Industries Company said: "By the end of the Seventh Plan, we will reach a capacity of 131 million tons at the end of the plan, and we will reach these capacities."
Iran's urea and ammonia industry, which for years was known as one of the few stable channels for foreign exchange to enter the country, is today under triple pressure from questionable feed price policies, long-term gas outages, and a volatile global market.
The Deputy Minister of Petroleum for Engineering, Research and Technology announced the formation of a special working group with the aim of improving oil and gas production methods and tools and developing new technologies for increased recovery.
The CEO of Pars Oil and Gas Company announced the start of production of the ninth well of Phase 11 of South Pars and stated: "With the launch of this well, the gas production capacity from this border phase has increased to more than 22 million cubic meters per day."
Dr. Hamidreza Saghafi, CEO of Petropars Group, announced that the drilling operation of Well No. 9, Platform 11B in Phase 11 of the South Pars gas field was successfully completed, and about 100 million cubic feet of gas was added to the country's daily production.