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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An increase of 1,000 kilometers of oil transmission lines by September

An increase of 1,000 kilometers of oil transmission lines by September

The National Iranian Oil Engineering and Construction Company, as the executive arm of the refining industry, is always in a state of constant flux, just like the flow of oil, gas, and petroleum products production in our country; various projects are completed one after another and new ones are started. The company is simultaneously working on several large and small projects, some of which, like the Bandar Abbas-Rafsanjan pipeline, are in their final stages.
Introduction to Iranian petrochemicals; this part is Sabalan

Introduction to Iranian petrochemicals; this part is Sabalan

Sabalan Petrochemical was established in 2010 in the strategic region of Assaluyeh with the aim of producing AA grade methanol. With an annual production capacity of 1.65 million tons of methanol, this complex is a key player in Iran's petrochemical industry and is on its way to becoming one of the largest methanol producers in the world.
Will Tehran cede Ankara’s gas market to Russia and Turkmenistan?

Will Tehran cede Ankara’s gas market to Russia and Turkmenistan?

As Iran’s 25-year gas export contract with Turkey nears its end in 2026, the prospects for this strategic partnership are facing serious uncertainties. With competitors such as Russia, Azerbaijan, and Turkmenistan poised to seize the market, Tehran’s decision to extend or redesign the contract could transform Iran’s geo-energetic position in the region.
Forecast of electricity consumption growth to 80,000 megawatts

Forecast of electricity consumption growth to 80,000 megawatts

An official said: "It is expected that during peak periods, electricity consumption will reach more than 80,000 megawatts, but the electricity industry has made every effort to ensure that the need for electricity consumption does not exceed 75,000 megawatts."
Possibility of forming a joint consortium to develop the Kish gas field

Possibility of forming a joint consortium to develop the Kish gas field

The CEO of the Persian Gulf Oil and Gas Industry Advancement Company, referring to the significant lack of benefit for the Persian Gulf Petrochemical Industries Group from the empty production capacity of some companies, which is due to insufficient feed, emphasized the key role of this company in the upstream oil and gas sector, including participation in field development projects to provide sustainable feed for large petrochemical production units.