Bandar Imam becomes the giant of Iran’s petrochemical paper projects

Bandar Imam becomes the giant of Iran’s petrochemical paper projects

Bandar Imam Petrochemical, the beating heart of the downstream chain of Iran's petrochemical industry, is currently facing a $1.4 billion project; a project that, in relation to the company's 8 trillion tomans profit, has raised serious questions about the economic logic, financing method, and the silence of Persian Gulf Holding.

harvesting more than 51% of Iran’s oil reserves; The necessity of acceleration in the development of increased technologies

harvesting more than 51% of Iran’s oil reserves; The necessity of acceleration in the development of increased technologies

The Director of Research and Technology of the National Iranian Oil Company, announcing that more than 51% of the country's recoverable oil reserves have been harvested, emphasized: the countries of the region have moved with increasing speed towards the use of new technologies for increased harvesting, and Iran is bound to accelerate the development and localization of these technologies in order to protect the remaining reserves and sustainable production.

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3,250,000 barrels of daily Iranian oil production

3,250,000 barrels of daily Iranian oil production

The US Energy Information Administration announced an increase of 630,000 barrels of daily Iranian oil production over the past year and 3,250,000 barrels of oil production in the third month of 2024.
Iran’s oil market has not been affected

Iran’s oil market has not been affected

The head of the Program and Budget Organization said: "The enemy tried very hard to restrict the oil market for Iran, of course, they increased their efforts and we saw that the oil export embargo was ineffective, and today we do not have oil on ships and water, and the buyer is clear."
The naphtha feed of Iran’s petrochemicals was spent on gasoline

The naphtha feed of Iran’s petrochemicals was spent on gasoline

The secretary of the Iranian Petrochemical Employers Association said: Many industries are complaining about why the propylene market is so chaotic; The problem is that due to the lack of naphtha, the production and supply of propylene and polypropylene has decreased.