If the Strait of Hormuz is closed, who is the first victim?

If the Strait of Hormuz is closed, who is the first victim?

A member of the Majlis National Security Commission still threatened to close the Strait of Hormuz, while such a speech may seem attractive to the general audience, in fact deepest disregard for Iran's economic and geopolitical realities. The key question is if the Strait of Hormuz really closes, who is most damaged? The answer is clear, Iran itself. Even if the country's oil exports reach 6,000 barrels a day, there is still no other way than to cross the same strait.

From Qatar’s domination to Iran’s failure; The story of the failure of three projects of LNG

From Qatar’s domination to Iran’s failure; The story of the failure of three projects of LNG

While Qatar has become the world's liquefied natural gas export giant using the South Pars joint field and has earned more than $ 5 billion in the year, Iran has failed with three huge gas liquid projects. Iran LNG, Pars LNG and Persian LNG's projects, which were supposed to be Iran's entry into the world market, were under pressure from sanctions and the withdrawal of foreign companies into semi -finished structures in Assaluyeh; An unfinished dream that has taken the opportunity to consolidate Iran's position in the global energy industry.

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Jam Petrochemical became a supporter of Chinkara deer

Jam Petrochemical became a supporter of Chinkara deer

According to the report of Energy Press, citing the public relations and international affairs of Jam Petrochemical; In this joint meeting, which was attended by Engineer “Abdul Rahim Ghanbarian”, CEO of Jam Petrochemical and a group of managers of this company, “Abdul Rahman Muradzadeh”, Director General of Environment of Bushehr Province and “Mustafa Moazeni”, Head

Iran Oil Output Hits 3.5 mb/d

Iran Oil Output Hits 3.5 mb/d

On the eve of the second anniversary of the 13th administration, sanctions imposed on Iran have not been eased. However, Iran’s oil production has kept rising in the process. Furthermore, gas production and export capacity as well as petroleum products export has experienced growth.
Aryasasol production and sales hits the record

Aryasasol production and sales hits the record

Aryasasol, with the activity report of the month of September, showed that it has broken the record of production and sales in the first 6 months of 1402 compared to all previous periods.
The insurance plan for natural gas subscribers is launched

The insurance plan for natural gas subscribers is launched

According to the new contract of the National Gas Company of Iran with one of the insurance companies and in continuation of the insurance plan for natural gas subscribers, all domestic-commercial subscribers in the country were insured against accidents caused by gas.
Iran welcomes Russian investments for petrochemical production
CEO of National Petrochemical Company:

Iran welcomes Russian investments for petrochemical production

Shahmirzaei said about the construction of a petrochemical plant in Iran by the Russians: Our policy is that whoever wants to create capital for the country, we will roll out the red carpet for him. In the current situation, we have shown that we can solve our problems with each other's help. We both buy products and export our products. Activists of the Russian chemical industry also have a chemical union, and we will have any necessary cooperation with them.