The collapse of industry, the rise of oil; how did Iran’s economy get caught in a vicious cycle?
Nili warns that if no solutions are found, large industrial enterprises will also shrink within the next 10 years.
Blending methanol with gasoline is a better alternative than converting it
The CEO of Zagros Petrochemical Company did not consider the plan to convert methanol into gasoline to be cost-effective under current economic and technical conditions.
Declining demand for gasoline has cast doubt on the future of the methanol-to-gasoline conversion project
The CEO of Shastan Commercial Investment Company believes that the plan to convert methanol into gasoline is a risky investment in the current circumstances and given global developments.
Breaking News
73% of the country’s natural gas was consumed in the domestic sector
A spokesperson for the National Iranian Gas Company announced that 73 percent of the total natural gas delivered to the national network is consumed in the domestic, commercial, and small industrial sectors.
Increasing gas supply to power plants during cold days this year
The early onset of cold weather and the cold winter caused numerous records to be set in gas consumption in the domestic and commercial sectors, however, statistics show that gas delivery to power plants in the months of December, January, and February has been on the rise despite the increase in subscribers.
The collapse of industry, the rise of oil; how did Iran’s economy get caught in a vicious cycle?
Nili warns that if no solutions are found, large industrial enterprises will also shrink within the next 10 years.
A record of 106 million cubic meters of gas production was recorded in the country
Raw gas production exceeded 1,100 million cubic meters in the last days of February, and with the production of 1 billion and 106 million cubic meters of raw gas in one night, a new record was set in the country's gas production.
Supplying 2 billion kilowatt hours of electricity to the country at the West Karun Power Plant
Since the summer of 2020, the National Iranian Oil Company has injected more than 2 billion kilowatt-hours of electricity generated by the West Karun Power Plant into the national grid with the aim of supplying part of the country's electricity.
870 million cubic meters of natural gas were produced in the country
A spokesman for the National Iranian Gas Company announced the production of 870 million cubic meters of natural gas yesterday.
Three Garmsar Municipality employees sell 270,000 liters of diesel quota outside the network
The Chief Justice of Semnan Province announced the arrest of three Garmsar municipality employees on charges of embezzlement and selling 270,000 liters of diesel quota belonging to municipal machinery outside the network.
Blending methanol with gasoline is a better alternative than converting it
The CEO of Zagros Petrochemical Company did not consider the plan to convert methanol into gasoline to be cost-effective under current economic and technical conditions.
Declining demand for gasoline has cast doubt on the future of the methanol-to-gasoline conversion project
The CEO of Shastan Commercial Investment Company believes that the plan to convert methanol into gasoline is a risky investment in the current circumstances and given global developments.
Domestic gas consumption reaches record 681 million cubic meters
The Minister of Oil said: "In Bahman, we delivered 52 million liters of diesel per day to power plants, which is a record of its kind."
