Iran burns huge amounts of gas in flares every year, while this gas can become a powerful tool to circumvent sanctions. By converting flare gas into electricity and then extracting digital currency, it is possible not only to avoid wasting this valuable resource, but also to create a new way to sell oil and bypass sanctions.
The CEO of Fajar Energy Company announced that in line with the development of production units and completion of the value chain, important development plans are being implemented.
Referring to separate meetings with the presidents of Turkmenistan and Russia, the president announced new agreements to increase gas cooperation.
The escalation of conflicts in the Middle East has increased concerns about the security of the Strait of Hormuz. Any disturbance in the flow of oil in this strait, considering its vital role in transferring 21 million barrels of oil daily to the world markets, will severely affect the prices.
A look at the production and sales performance of Bursa refineries in the first half of the year shows that Tabriz refinery has performed best in terms of increasing production and sales volumes. Earlier last year, Isfahan Refinery was the leader of this group, but the statistics show that Tabriz Oil Refinery has now taken over the oil fields.
The number of Iran's missing gas is so large that it can cover a part of the country's gas imbalance and deficit.
A member of the Energy Commission of the Islamic Parliament said: The Parliament has no plan to increase the price of gasoline and electricity, and it has been decided that one percent of oil and gas sales will be allocated to optimize energy consumption, and these resources will be at the disposal of the new Organization for Optimization and Strategic Energy Management.
The CEO of Fajar Energy announced the government's agreement with the company's proposal to determine the gas rate based on a specific formula and said: This decision is an important step towards creating greater competitiveness.
After visiting the special energy zone of Pars, the energy capital of the country, on the second day of his trip, the oil minister entered Khark Island, the center of gravity of Iran's crude oil exports, and then visited the Forozan oil field platform in the border zero point in the waters of the Persian Gulf.
According to reports, if the war flares up in the region, many countries in the region welcome the interruption of the Tehran-Beijing oil chain and try to introduce themselves as an alternative to this equation.
