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.

30% of the country’s non-oil exports are from the petrochemical industry

30% of the country’s non-oil exports are from the petrochemical industry

The investment manager of the National Petrochemical Industry Company said: We are obliged to solve as many challenges and problems as possible so that the development of the industry takes place, because the petrochemical industry accounts for about 8% of the gross domestic product and 30% of non-oil exports are made from the petrochemical industry.

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Iran has a 23% share in Middle East polymer production
CEO of Ariasasol Polymer:

Iran has a 23% share in Middle East polymer production

The vice-chairman of the Petrochemical Commission of the Oil, Gas and Petrochemical Exporters Union announced the increase in polymer production in the country and said: During the month of September, one of the major companies in this field produced 168,000 tons of various products, which is a 9% growth compared to September 2022.
Get to know the types of crude oil

Get to know the types of crude oil

The quality of crude oil varies and based on specific gravity and viscosity, they are divided into light, medium, heavy and very heavy crude oil.