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.
Breaking News
Self-sufficiency in gasoline production even with low-quality gasoline
The low quality of Iran's gasoline has been disputed by domestic bodies for years. The Standard Organization, the Environmental Organization, and some private sector organizations have repeatedly questioned the low quality of produced gasoline, but the officials of the Ministry of Petroleum have denied these reports and even claim that Iran's gasoline is at par with European standards.
35% increase in food industry trade between Iran and Turkmenistan
The trade of food industries and agricultural products between the two countries of Iran and Turkmenistan in 2022 was about 39 million dollars, which reached 74 million dollars in 2023 with a growth of 35%.
The electricity of 30 high-consumption subscribers in Tehran was cut off
The electricity of 30 national and provincial offices in Tehran was cut off due to refusal to reduce electricity consumption.
Import details of solar power plant equipment
In a letter to the Director General of the Trade Development Organization, the Deputy Minister Samat announced that the import of solar power plant equipment from the currency obtained from his and others' exports is unimpeded.
Iran’s ambiguous gas contract with Russia
While the public opinion in Iran is focused on the 14th presidential elections, the current government signed a new agreement with the Russians, according to which Russia will be the exporter of gas to Iran. A contract that has been lost in the news frenzy.
Iran became the second largest producer of oil in the world
The statistics published in the world energy statistical review report published by the English Institute IE show that Iran ranked second in the world in increasing its oil production last year.
What is the plan of Masoud Pezeshkian to solve the energy imbalance?
Specialists in the field of energy of Masoud Pezeshkian headquarters presented their proposed plans to resolve the energy imbalance.
Notification of the development plan for the phases of the South Pars gas field
The resolution of the Economic Council regarding the development of the new phases of the South Pars gas field and the increase of the credit limit (up to a total of 3072 million dollars) and the timing of the contracts for the development plans of that field were announced.
Signing of the memorandum of understanding for the transfer of Russian gas to Iran
The Minister of Oil said: Today, the memorandum of understanding for the transfer of gas from Russia to Iran was signed, which is an important event considering the potential of both countries in the field of gas.
Increasing the electricity exchange between Iran and Türkiye to 500 megawatts
The CEO of Tavanir Company said: In the peak load of this summer, we should have at least 100 to 200 megawatts in order to supply the country's domestic electricity consumption, import and export electricity to Turkey during off-peak times.
