Oil Minister: Sustainable liquid fuel provided for power plants

Oil Minister: Sustainable liquid fuel provided for power plants

The Minister of Petroleum stated that in order to supply gas to power plants, we have delivered a cumulative 3.5 billion cubic meters of gas to power plants since the beginning of this year, and added: "Also, liquid fuel has been supplied to power plants in appropriate and stable volumes so that our dear compatriots do not face any problems or shortages in terms of electricity supply and their electricity needs are fully provided."

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.

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Oil Minister: Oil and gas sector grows 6.2% despite lack of financial resources

Oil Minister: Oil and gas sector grows 6.2% despite lack of financial resources

The Minister of Oil stated: "According to expert estimates, achieving the goals of the Seventh Plan requires the provision of approximately $190 billion in financial resources. In the first year, the cash flow and provision of these resources was projected to be $27 billion, of which only $5.5 billion, equivalent to 22 percent, was provided."
National Oil Company fully prepared to supply winter gas

National Oil Company fully prepared to supply winter gas

The CEO of the National Iranian Oil Company announced the company's full readiness for a stable supply of gas in the winter season and said: "With the implementation of precise and coherent plans, this year's conditions have improved compared to last year."
100% realization of oil production plan in Gachsaran

100% realization of oil production plan in Gachsaran

The CEO of Gachsaran Oil and Gas Exploitation Company announced the realization of 100 percent of the projected production plan in this company and said: "With a 25 percent share in the country's oil production, this company, as the gateway for Iranian oil exports in the south, plays a strategic role in national energy sustainability."