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
Preventing a decline in oil production in the oil-rich areas of the south
73% of the country’s natural gas was consumed in the domestic sector
Increasing gas supply to power plants during cold days this year
The collapse of industry, the rise of oil; how did Iran’s economy get caught in a vicious cycle?
A record of 106 million cubic meters of gas production was recorded in the country
Supplying 2 billion kilowatt hours of electricity to the country at the West Karun Power Plant
870 million cubic meters of natural gas were produced in the country
Three Garmsar Municipality employees sell 270,000 liters of diesel quota outside the network
Blending methanol with gasoline is a better alternative than converting it
