Getting to know Iran’s petrochemical companies; this is Kimia Pars Middle East
Kimia Pars Middle East Company, one of the important players in Iran's petrochemical industry, has achieved an influential position in recent years in the fields of foreign exchange earning, sustainable production, and development of global markets, relying on methanol production and 100% export of its products.
South Pars reaches operational self-sufficiency
South Pars announced that it will meet the majority of its operational needs by relying on domestic capacity and cooperation with knowledge-based companies; a path that has brought the complex to the threshold of industrial independence by localizing more than 15,000 components and creating a smart supply chain.
China’s oil imports from Iran increase after new quotas issued
China's independent refiners have increased their intake of Iranian crude oil after Beijing issued a new round of import quotas late last month.
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Electric heating, the key to freeing Iran from deadly dependence on domestic gas
Energy expert Hossein Mirafazli believes that the way out of the gas consumption crisis is to reduce dependence on gas and expand the use of electricity in home heating; a model that many developed countries in the world have adopted for years.
An increase of 6.7 million cubic meters of gas delivered to the network
The Minister of Oil said: "The amount of gas delivered to the network has increased by about 6.7 million cubic meters per day, and oil and gas reserves in power plants have also increased by 130 percent. In light of these efforts, we are entering the cold season this year with very favorable conditions."
Iran and Russia emphasize accelerating implementation of Joint Economic Commission resolutions
A follow-up meeting on the implementation of the Memorandum of Understanding of the Iran-Russia Joint Economic Commission was held with the presence of the Deputy Minister of Oil and representatives of executive agencies. The meeting emphasized accelerating the implementation of the approvals, removing obstacles to cooperation, and preparing for the 19th Joint Commission by the end of the year.
Turbopump No. 3 at Persian Gulf Oil Terminal Successfully Repaired
Turbopump No. 3 of the Persian Gulf Oil Terminal's crude oil export terminal was successfully repaired with the efforts of the terminal's expert staff.
Get to know the Persian Gulf Star Refinery, the largest gasoline producer in Iran
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.
Iran’s oil discount to China reaches its highest level in a year
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.
New gas pricing system aims to support low-consumption consumers and achieve subsidy justice
The Director of Coordination of Gas Supply Affairs at the National Iranian Gas Company announced: "The new natural gas pricing system, in addition to supporting low-consumption and low-income groups, creates the necessary incentive to save and optimize consumption in unproductive economic sectors, and this is an important step towards sustainable energy supply and achieving justice in the distribution of subsidies."
Gas consumption pattern correction to be applied to subscribers’ bills from mid-November
The spokesperson for the National Iranian Gas Company announced that the implementation of the resolution to amend the natural gas consumption pattern has begun in early October, saying: "Since the period for reading subscribers' gas meters is 45 days, the gas bill amendments will be fully implemented from mid-November."
Petrochemical Investment Manager: Capital Market Can Become the Financing Engine for Petrochemical Projects
The Investment Manager of the National Petrochemical Company emphasized that the government's duty is not to be an operator, but rather to be a policymaker and regulator, and said: "Global experience shows that the appropriate combination of government support and freedom of action for the private sector brings the best results in attracting capital and sustainable development."
Untold secrets of the Crescent case: Billions in fees for Iranian lawyers in exchange for an offer of 8 Emirati cents
During the Ahmadinejad administration, some people without the necessary expertise entered the case and made wrong decisions. While, according to documents, some Iranian lawyers received between one and one and a half percent of the export amount as a fee. In contrast, the Emirati side had offered a much lower figure, around 8 cents per unit of gas.
