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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$600 million in annual revenue from flare gas collection

$600 million in annual revenue from flare gas collection

The Ministry of Oil announced that by implementing 12 new flare gas collection contracts, in addition to reducing pollution and saving national resources, 180 million cubic feet of light gas per day will be added to the production cycle. This measure is part of the country's energy consumption optimization program and addressing the country's energy imbalance.
The fourth row of compressors at Azar Field has entered service

The fourth row of compressors at Azar Field has entered service

The executive of the Azar Oil Field Development Plan said: "With the announcement of the readiness of the Cheshmeh Khosh Gas and Liquefied Gas Plant (NGL 3100) to receive high-pressure gas from early November, the Azar Oil Field Development Plan has taken an important step towards the sustainable and optimal exploitation of associated gases, and the fourth-tier compressors for boosting the pressure of this field have entered the operation circuit."