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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Chains that are not yet complete; Behind the scenes of the failure of MTO and MTP projects in Iran

Chains that are not yet complete; Behind the scenes of the failure of MTO and MTP projects in Iran

While value chain development has become a common buzzword in Iranian petrochemical industry literature, many projects, including MTO and MTP, are still stalled at the raw material sales stage. Petrochemical expert Mohsen Ansari considers “the need for large investments” and “feed instability” to be the most important reasons for the failure of these projects. According to him, in the current situation, the “ethylene” and “propylene” chains have the greatest potential for real completion in Iran and more focus needs to be placed on their development.
Success of major repairs at South Pars Site 2 relying on Iranian knowledge

Success of major repairs at South Pars Site 2 relying on Iranian knowledge

The deputy head of Site 2 of the South Pars Gas Complex announced the successful implementation of major repairs at the refineries of this site and said: "This operation, relying on local technical knowledge and equipment, is an important step in increasing the productivity and sustainability of natural gas production."