Producing gasoline from methanol is not profitable
The planning director of the National Petrochemical Company, emphasizing the focus on the downstream and reaching a capacity of 131 million tons by the end of the Seventh Plan, said that producing gasoline from methanol is not economically viable.
From reckless policymaking to official warning to petrochemicals; Iran’s propylene market at risk
Despite the special capabilities in developing the propylene value chain, due to excessive licensing and lack of sound policymaking by the National Petrochemical Company, this market is becoming saturated and is on track to suffer a similar fate to methanol production units.
Get to know one of the most modern refineries in Iran, Bandar Abbas Oil Refinery
Bandar Abbas Oil Refining Company, as one of the 10 largest refineries in the country, plays a key role in providing Iran with the energy and products it needs. The refinery was built on an area of about 770 hectares, 20 kilometers west of Bandar Abbas city and on the northern shore of the Persian Gulf, and went into operation in 1997 with an initial capacity of 232,000 barrels per day.
Breaking News
Wetland ecosystems under severe drought and land use change pressure
The secretary of the country's climate change scientific network said: "The dried-up wetland and the surrounding bare land will become active dust centers. Exactly what we are witnessing today; dust storms of internal origin such as around Tehran, Qom, and Markazi, which disrupt life in metropolitan areas."
Power plant gas consumption exceeds 305 million cubic meters
Statistics show that out of the total consumption of more than 4.3 billion cubic meters of natural gas in the three sectors of power plants, major industries, and household, commercial, and small industries last week, more than 2 billion cubic meters were consumed by power plants, which peaked on Monday and exceeded 305 million cubic meters.
Iran becomes OPEC’s second largest refiner
With a refining capacity of 2 million 237 thousand barrels per day and a 16% share in OPEC, Iran ranks second among the countries of this organization, and it also accounts for 2.1% of the world's refining capacity.
Major repairs of 11 South Pars platforms completed
The CEO of Pars Oil and Gas Company said: "During the 12-day war, the South Pars platforms continued to operate without interruption, and in addition to maintaining a stable flow of gas extraction, the overhaul operations also proceeded according to plan, so that the overhaul of 11 platforms has been successfully completed so far."
Petrochemicals and Customs on the Downward Path of Exports
The Director General of Customs said: In the first quarter of this year, Iran's total non-oil trade reached 43 million 489 thousand tons and was worth 24 billion 684 million dollars.
Acceleration in localization and modernization; completion of 100 wells by the National Drilling Company
The CEO of the National Iranian Drilling Company announced the achievement of drilling and completing 100 wells in 1403 and said: "Localizing strategic equipment, manufacturing domestic rigs, and increasing the share of domestic manufacturing are among the company's strategic priorities, which have been accompanied by foreign exchange savings and reducing dependence."
Iran’s oil market heats up in China; exports rise, sanctions remain on paper
While Donald Trump has claimed to have paved the way for Iranian oil exports to China, statistics show that China's oil imports from Iran reached a record 1.8 million barrels per day in June; a record that experts attribute to increased seasonal demand, regional war, and the attractiveness of Iranian oil prices, not necessarily the result of the official lifting of sanctions.
Sustainable fuel supply despite military and cyber attacks
The CEO of the National Iranian Oil Refining and Distribution Company said: "Despite a 50% increase in demand and cyber threats and military attacks, fuel supplies continued uninterrupted."
Wartime gasoline consumption record broken
The CEO of the National Iranian Petroleum Refining and Distribution Company announced the smart measures and round-the-clock efforts of 160,000 operational forces in the fuel supply and distribution chain to maintain the stability of the country's fuel supply network during the imposed war with the Zionist regime, and emphasized: Despite a 50 percent increase in demand and cyber threats and military attacks, fuel supply continued without interruption.
Isfahan Refinery’s New Plan to Reduce Gas Imbalance
The CEO of Isfahan Oil Refining Company announced the implementation of the company's Furnace Hull Upgrade (RHU) project in two phases, saying: "Operation of the first phase of this project will help eliminate the gas imbalance, and the second phase will eliminate the gasoline and oil and gas imbalance."
