If the Strait of Hormuz is closed, who is the first victim?

If the Strait of Hormuz is closed, who is the first victim?

A member of the Majlis National Security Commission still threatened to close the Strait of Hormuz, while such a speech may seem attractive to the general audience, in fact deepest disregard for Iran's economic and geopolitical realities. The key question is if the Strait of Hormuz really closes, who is most damaged? The answer is clear, Iran itself. Even if the country's oil exports reach 6,000 barrels a day, there is still no other way than to cross the same strait.

From Qatar’s domination to Iran’s failure; The story of the failure of three projects of LNG

From Qatar’s domination to Iran’s failure; The story of the failure of three projects of LNG

While Qatar has become the world's liquefied natural gas export giant using the South Pars joint field and has earned more than $ 5 billion in the year, Iran has failed with three huge gas liquid projects. Iran LNG, Pars LNG and Persian LNG's projects, which were supposed to be Iran's entry into the world market, were under pressure from sanctions and the withdrawal of foreign companies into semi -finished structures in Assaluyeh; An unfinished dream that has taken the opportunity to consolidate Iran's position in the global energy industry.

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Karaj Hydroelectric Power Plant Electricity Production Stops

Karaj Hydroelectric Power Plant Electricity Production Stops

The director of the Karaj Dam said: "Although the Karaj Dam hydroelectric power plant is currently operating, it is likely that within the next two weeks the water level will reach a level that will no longer allow electricity generation from this power plant."
A comprehensive system for domestic oil industry contracts was launched

A comprehensive system for domestic oil industry contracts was launched

The legal director of the National Iranian Oil Company announced the launch of a "comprehensive system for domestic contracts" and said: "This system covers the contract process from beginning to end and is a major step towards agility, mechanization, and reducing human errors in the legal field of the oil industry."
Petrofarhang is ready to sell shares in Kian Petrochemical

Petrofarhang is ready to sell shares in Kian Petrochemical

With the aim of improving the composition of its investment portfolio, Petrofarhang Company has issued a call to identify applicants for the purchase of shares of Kian Petrochemical and invited investors to express their readiness to participate in the auction.
Getting to know Iran’s petrochemical companies; this part is Kermanshah

Getting to know Iran’s petrochemical companies; this part is Kermanshah

Kermanshah Petrochemical Complex, one of the key centers for chemical fertilizer production in western Iran, plays a prominent role in the province's industrial and economic development with the aim of meeting the region's agricultural needs and reducing dependence on urea imports. The complex, benefiting from its rich natural gas resources and specialized human resources, has become one of the pillars of Iran's petrochemical industry.
The critical water tariff has been canceled for now

The critical water tariff has been canceled for now

The Ministry of Energy's new plan to implement a crisis water tariff by charging the cost of supplying water from consumers above the model was not approved by the Cabinet for approval and notification and has been canceled for now.
Electricity consumption in the country decreased by 600 megawatts

Electricity consumption in the country decreased by 600 megawatts

The Director General of the Electricity Network Engineering and Management said about the successful implementation of the 100 Nights, 100 Visits project aimed at reducing the effects of electricity waste in the country: "This project has so far resulted in savings of 600 megawatts in electricity consumption."
Implementation of the plan to transfer seawater to the Isfahan refinery

Implementation of the plan to transfer seawater to the Isfahan refinery

The CEO of the Isfahan Oil Refinery announced the start of the trial operation of the first phase of the project to transfer water from the sea to Isfahan Province, saying: "With the operation of this project, about 700,000 cubic meters of water needed by this refinery will be provided monthly in this way."