Historic overhaul in Shazand, disruption in supply, and new hope for Sharak shareholders
Shazand Petrochemical Company will enter one of the largest overhauls in the last decade on June 7th; at the same time, disruptions in land transportation have challenged the complex's feedstock and affected production and sales; but perhaps the most promising news for shareholders is the reform of the feedstock pricing method starting in July.
Even with the shutdown of industries, domestic gas is running low!
An energy expert warned about a sharp decline in gas production in the country, emphasizing that without immediate investment of up to $70 billion in gas fields, Iran's gas production will drop to 500 million cubic meters per day within 3 to 5 years, while domestic consumption in the winter will reach 650 to 700 million cubic meters.
Kermanshah Petrochemical: From gas shortage to production surge; urea and ammonia hit record highs
Kermanshah Petrochemical started 2025 with a significant jump in production; the more than doubling of ammonia and urea production in the first two months of this year compared to the same period last year has put this complex on the path to establishing its position in the methane value chain.
Breaking News
60% of Tehran subscribers consume twice as much water as the established pattern
Record delivery of more than 6 billion cubic meters of natural gas in the country
Bandar Imam petrochemical exports increased by 11 percent
The Statistics Center announced the gross domestic product with oil
649 million cubic meters of natural gas were consumed in the domestic sector
Interior Minister: Fuel prices will not change
A worn-out drilling industry has become a bane of Iran’s oil production growth
Countdown begins for new gas contract; Ashgabat-Tehran-Ankara axis to be activated
The household sector accounts for 80% of the country’s gas consumption
