Historic overhaul in Shazand, disruption in supply, and new hope for Sharak shareholders
Shazand Petrochemical Company will enter one of the largest overhauls in the last decade on June 7th; at the same time, disruptions in land transportation have challenged the complex's feedstock and affected production and sales; but perhaps the most promising news for shareholders is the reform of the feedstock pricing method starting in July.
Even with the shutdown of industries, domestic gas is running low!
An energy expert warned about a sharp decline in gas production in the country, emphasizing that without immediate investment of up to $70 billion in gas fields, Iran's gas production will drop to 500 million cubic meters per day within 3 to 5 years, while domestic consumption in the winter will reach 650 to 700 million cubic meters.
Kermanshah Petrochemical: From gas shortage to production surge; urea and ammonia hit record highs
Kermanshah Petrochemical started 2025 with a significant jump in production; the more than doubling of ammonia and urea production in the first two months of this year compared to the same period last year has put this complex on the path to establishing its position in the methane value chain.
Breaking News
The enemy’s failure to explode Iran’s gas pipelines
A member of the Energy Commission of the Islamic Council stated: With the high speed of action that the managers of the country's oil and gas industry had in the terrorist explosion of the national gas transmission lines, the enemy was not able to create a disruption in the gas supply to the people.
CEO of Iran's National Petroleum Refining and Distribution Company:
Iran’s average gasoline consumption will grow by 10% next year
Jalil Salari, CEO of the National Company for Refining and Distribution of Petroleum Products, referring to the latest state of gasoline consumption and production in the country, stated: Gasoline consumption varies in different months of the year, but on average this year, about 115 million liters of gasoline were consumed per day in the country.
The repair of gas pipelines in Iran was successfully completed
The Dispatching Manager of the National Gas Company of Iran said: The repair of the nationwide gas pipelines in Borujen and Safashehr, which were damaged by the terrorist explosion, was successfully completed and these lines became operational.
CEO of Arghvan Gostar Ilam Company in an interview with "Energy Press":
$40 million profit with polypropylene production/ Arghvan Gostrailam will be launched in March
Persian Gulf, as Iran's largest petrochemical holding company, has one of the most diverse portfolios of petrochemical products in the country, but polypropylene has no place in this portfolio. Currently, several projects are being implemented to add polypropylene to the Persian Gulf Holding's product portfolio.
Completion of 132 semi-finished oil projects in Iran
Investigations show that 17 projects were opened in 1400, 47 projects were opened in 1401, and 67 oil projects were opened this year, and a total of 132 projects were opened in order to increase the production of oil, gas, gas condensate, oil products, and petrochemical products worth 28 billion dollars. it is arrived.
Secretary of the Supreme Council of Free Zones:
Petrochemical is the driving engine of Iran’s economy
Hojatullah Abdulmaleki, the secretary of the Supreme Council of Free Zones, said at the opening of the Petrocom conference: "Currently, more than 200,000 items of hydrocarbon products are produced, and we are the largest holder of hydrocarbon reserves in Iran, and fortunately, in the period after the revolution, we had a more special look at these reserves."
The National Iranian Oil Company must deposit the oil revenues to the central bank account
The Supreme Supervisory Board of the Expediency Council required the National Iranian Oil Company to deposit the revenues from oil exports to the foreign currency account of the Central Bank.
One fifth of Iran’s domestic gas consumption belongs to Tehran and Alborz
The head of the country's gas management center said: Gas consumption in the domestic, commercial and non-major industries sectors reached 612 million cubic meters in the last 24 hours.
Iran’s oil exports increase to 30 billion dollars
The head of customs announced the export of 30 billion dollars worth of oil during 10 months of this year and said: The specialized customs office for petroleum products was opened in Qazvin province, which will provide great benefits and facilities for the province.
How will Iran’s new gasoline decisions affect CNG consumption?
The chairman of the board of directors of the country's CNG trade association said: "Now we have to do two things, one is to prevent the country's current dual-fuel cars from abandoning the use of CNG, although the biggest problem in this regard is the challenges of changing tanks."
