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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Power plant gas consumption exceeds 305 million cubic meters

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

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

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."
Iran’s oil market heats up in China; exports rise, sanctions remain on paper

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.
Wartime gasoline consumption record broken

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

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."