The collapse of industry, the rise of oil; how did Iran’s economy get caught in a vicious cycle?
Nili warns that if no solutions are found, large industrial enterprises will also shrink within the next 10 years.
Blending methanol with gasoline is a better alternative than converting it
The CEO of Zagros Petrochemical Company did not consider the plan to convert methanol into gasoline to be cost-effective under current economic and technical conditions.
Declining demand for gasoline has cast doubt on the future of the methanol-to-gasoline conversion project
The CEO of Shastan Commercial Investment Company believes that the plan to convert methanol into gasoline is a risky investment in the current circumstances and given global developments.
Breaking News
Domestic gas consumption exceeded 670 million cubic meters
A spokesperson for the National Iranian Gas Company announced: 671 million cubic meters, or 78 percent of the total gas delivered to the national network, was consumed in the domestic, commercial, and industrial sectors.
Daily gas extraction from South Pars reaches 712 million cubic meters
The production and operations manager of Pars Oil and Gas Company announced the registration of a new gas extraction quota from the South Pars field and said: Gas extraction from this joint field has reached 712 million cubic meters per day.
Energy consumption in Ariasassol Polymer decreased by 5 percent
By implementing an innovative plan, review and revision of the C311 compressor, one of the most energy-intensive equipment in the olefin unit, Ariasassol Polymer Company succeeded in reducing energy consumption in the complex by 5%.
People should help resolve the gas imbalance by reducing temperatures by 2 degrees
The Vice President for Science, Technology and Knowledge-Based Economy said: "If every home saves 10% in gas consumption, all problems will be solved, and in the cold days ahead, all compatriots will be able to benefit from gas."
Completion of major repairs to Bandar Abbas Oil Refinery
The CEO of Bandar Abbas Oil Refining Company stated: The major overhaul of the viscosity reduction and gasoline purification units of the Bandar Abbas Oil Refinery was successfully completed in 22 days.
17% increase in domestic gas consumption
A spokesperson for the National Iranian Gas Company announced the consumption of 601 million cubic meters of gas in the domestic, commercial, and small industrial sectors.
Iran’s urea price rises in global markets
Iranian urea export prices for January loading have increased to $307 per ton on a FOB basis, compared to $303-$304.5 per ton previously.
Development of the 400 kV Fajr Energy Persian Gulf substation at the terminal station/increasing energy transmission from Bafjar to industries and the national grid
The 400 kV substation development plan, which is the first part of Fajr Company's recent development plans and is intended to increase the capacity of electricity transmission to requesting industries and the national grid, has reached 81 percent progress.
Reasons for the failure of the sanctions on Iran’s oil fleet
The second Trump administration is seeking to impose sanctions on 35 companies and ships to increase pressure on Iran, but experts believe that market conditions and the lack of support from China and Arab countries will prevent this from happening.
The need for cooperation between all sectors to optimize consumption and invest in increasing gas production
Explaining gas supply in imbalanced conditions, the CEO of the National Iranian Gas Company said: "To deal with energy imbalance, the two wings of "consumption optimization" and "investment to increase production" must be considered together."
