According to the prediction of a 15% increase in Arbaeen Hosseini trips, it is expected that we will have a 9% increase in gasoline consumption.
Increasing oil production capacity is defined as one of the key plans of Mohsen Paknejad, the proposed minister of the Ministry of Petroleum.
Expectations from the proposed oil minister should be accompanied by a realistic look at solving major challenges such as disagreements and the need for large investments. Certainly, the success of the oil minister, who plays a key role in the economy, directly depends on the coordination and cooperation with other ministers, taking into account the economic and social conditions.
Recent data shows that Europe's LNG imports will decrease in 2024 and increase through the pipeline, which is a good opportunity for Iran to activate its energy diplomacy.
The hardworking personnel of the pipeline repair unit of Arundan Oil and Gas Company are working in the heat of over 50 degrees in Khuzestan.
While the forecast of OPEC and other reputable global institutions report a decrease in oil demand from China, Iran's oil sanctions are still in place. Forecasts indicate that if China's demand continues to decrease, oil purchases will also decrease, and this is a threat to Iran's oil revenues.
CEO of Iran National Oil Products Distribution Company said: 17 mobile fueling machines and 20 mobile fuel supply stations have been deployed at border terminals for the welfare of Arbaeen Hosseini pilgrims.
OPEC's latest monthly report showed that Iranian heavy oil prices rose in July, halting the decline seen in the previous two months.
Iran is one of the countries that was subjected to the most cruel sanctions by the countries of the world. But according to NDTV, the restrictions imposed by the United States have largely failed to prevent the export of Iranian oil, which is considered one of the main pillars of Tehran's economy.
The secretary of the country's CNG Association believes that currently the most correct and available solution to adjusting gasoline imbalance is the use of CNG fuel.