The CEO of the National Petrochemical Industries Company emphasized diversifying target markets and examining and identifying opportunities and challenges for the development of the country's petrochemical industry in the next 20 years.
The cancellation of Iraq's exemption from importing gas from Iran and the end of Iraq's electricity sector's dependence on Tehran will provide a good opportunity for the GCC countries to participate in Iraq's energy sector.
In recent years, Iran and Türkiye have been in serious competition to become a regional gas hub, and the Turkmenistan-Iran-Turkey project emphasizes this and increases cooperation between the two countries.
Mohsen Paknejad plans to increase oil production by drilling new wells, but the wear and tear of worn-out rigs, sanctions, and the role of the drilling mafia have turned the Oil Minister's miracle into a nightmare.
Based on the agreements made, Turkmenistan's gas exports to Turkey via Iran were to be activated starting today, which has strategic benefits for all three countries.
In the country's petrochemical industry, aromatic petrochemicals play an important role in this industry by converting naphtha feedstock and gas condensates into valuable products such as gasoline. Currently, Persian Gulf Holding is considered the largest producer of aromatic products in the country. This holding owns three important petrochemicals: Bandar Imam Petrochemical, Bu Ali Sina Petrochemical, and Nouri Petrochemical.
The possibility of the Kurdistan Region resuming oil exports through the Kirkuk-Ceyhan pipeline has fueled speculation about the Trump administration's pressure on Baghdad to compensate for the decline in Iranian oil exports, which seems unlikely given the OPEC+ quota.
Nili warns that if no solutions are found, large industrial enterprises will also shrink within the next 10 years.
The CEO of Zagros Petrochemical Company did not consider the plan to convert methanol into gasoline to be cost-effective under current economic and technical conditions.
The CEO of Shastan Commercial Investment Company believes that the plan to convert methanol into gasoline is a risky investment in the current circumstances and given global developments.
