The Persian Gulf Star Refinery, Iran's largest gasoline producer and the world's largest gas condensate refinery, plays an unparalleled role in Iran's energy supply by producing more than 45 percent of the country's fuel portfolio.
As a new wave of sanctions from the United States, Britain and the European Union target sales of Russian and Iranian oil, trade sources told Reuters that discounts on Iranian oil for Chinese customers have reached their widest in more than a year, reaching as much as $10. Reduced oil import quotas for independent Chinese refiners have also added to the pressure.
This resignation is related to a project called Hirsa Polymer Sahand Petrochemical, which has serious uncertainties about how it will be handed over to a second-hand contractor.
Following Ukraine's attacks on Russian oil refineries and the reduction in the country's fuel exports to Central Asia, Iran has a unique opportunity to fill Russia's void in regional markets. But can Iran seize this opportunity despite sanctions and domestic challenges?
Mohammad Shariatmadari invited the journalists to the meeting.
In the heart of the Persian Gulf, a floating structure is connected to the seabed with huge chains, which transfers Iran's oil and gas condensate to giant tankers without the need for a dock. This localized technology is the hidden pillar of Iran's oil exports.
Winter is coming, and like every year, the issue of reducing gas consumption in the domestic sector and the challenge of energy imbalance is once again highlighted. Energy expert Hossein Mirafazli warns that excessive dependence on gas for home heating is a strategic mistake that has faced the country with an energy imbalance crisis during the cold season. He emphasizes the need to establish a Ministry of Energy, promote incentive schemes, and utilize modern technologies to reduce gas consumption.
Ali Akbar Moinfar, Iran's first oil minister, was a man whose life fluctuated between earthquake science and oil politics; a figure who was both dubbed the father of Iranian earthquake engineering and whose name was immortalized in the history of the oil industry.
The more than two-decade-old contract to export 10 billion cubic meters of Iranian gas annually to Turkey expires in mid-2026, but unlike in the past, there is no sign of Ankara's willingness to extend it this time. This is an issue that experts see as not only a threat to the country's gas revenue, but also a danger to Iran's geopolitical position in the region.
The publication of a strange news item by the international media outlet "TankerTrackers" stating that Iranian tankers' trackers have been turned on after seven and a half years has inflamed the oil scene. A claim that some experts consider a sign of "shadow government" interference and an attempt to create a crisis and new pressure on the new government. But what is the story?