The recent sanctions on Gazprombank have raised serious concerns in the European Union about the threat to its energy security, which could potentially extend to Gazprom itself. If that happens, Tehran could take advantage of the gas deal with Moscow and transit surplus Russian gas to its neighbors.
The heavy lock on the doors of Iran's oil industry to the world is weighing more heavily than ever on the life of this large and vital industry of the country.
The head of the Process Engineering Group of the Technical Standards and Regulations Department of the General Directorate of the Technical, Executive and Evaluation System of the Engineering, Research and Technology Department of the Ministry of Oil said: "To become an energy hub in the region, we must achieve world-class technology so that we can compete with companies such as Aramco and Qatar Petroleum."
According to the decision of the Armenian government, the country's electricity export capacity to Iran will increase from 350 MW to 1,200 MW, which could also help Iran's electricity grid.
The Iraqi Ministry of Electricity announced that the country has lost 5,500 megawatts of electricity following the cessation of Iranian gas exports to Iraq.
The most important challenges of energy imbalance, centered on "gasoline", were examined in a meeting of economic experts, and emphasis was placed on governance reform and infrastructure development and modernization.
The CEO of the Farhangian Reserve Fund emphasized Petrofarhang Holding's efforts to enter the downstream petrochemical industries and other profitable fields.
Arvandan Oil and Gas Company successfully completed a complex operation in North Gaspé and brought several closed and salt wells back into production.
The Tehran Refinery gasoline production project is underway with 88% progress and will be put into operation in 1404.
The CEO of Abadan Oil Refining Company announced the operation of the company's Phase 2 sulfur solidification and granulation unit with a capacity of 460 tons.
