Bandar Imam becomes the giant of Iran’s petrochemical paper projects
Bandar Imam Petrochemical, the beating heart of the downstream chain of Iran's petrochemical industry, is currently facing a $1.4 billion project; a project that, in relation to the company's 8 trillion tomans profit, has raised serious questions about the economic logic, financing method, and the silence of Persian Gulf Holding.
harvesting more than 51% of Iran’s oil reserves; The necessity of acceleration in the development of increased technologies
The Director of Research and Technology of the National Iranian Oil Company, announcing that more than 51% of the country's recoverable oil reserves have been harvested, emphasized: the countries of the region have moved with increasing speed towards the use of new technologies for increased harvesting, and Iran is bound to accelerate the development and localization of these technologies in order to protect the remaining reserves and sustainable production.
A 25% increase in the limit of the contract between the Northern Drilling Company and Caspian Oil
Shamal Drilling Company, the exploratory drilling contractor in the Caspian Sea, announced an increase of 25% of the initial contract amount in some contract cases with the Caspian Oil Company.
Breaking News
Iranian oil sales have not stopped; no cargo remains on the water
The CEO of the National Iranian Oil Company emphasized that the country's oil sales and exports are pursued in accordance with macro policies and using various methods, saying: "We do not see the need to respond to all rumors, because our focus is on carrying out our main tasks."
The cessation of oil sales is a rumor
The CEO of the National Oil Company said: "We use a variety of methods to sell oil; we have put both diversity and multiple markets on the agenda. The claim of stopping oil sales is not true and I deny it."
64% of the country’s dam reservoirs are empty; 19 dams are in red status
According to the latest statistics from the beginning of the water year to September 10, 2019, the status of the country's dams, the volume of dam reservoirs, 64% of the dam reservoirs are empty.
Gas consumption in the brick industry can be reduced by up to 90 percent with new technologies
The Director of Energy and Carbon at the National Iranian Gas Company announced the development of a document to improve and modernize the brick industry in the country's brick production hub with a high share in gas consumption, and said: "About 300 cubic meters of gas are consumed to produce each ton of brick, but with changes in technology, this figure can be reduced to 27 cubic meters."
Petrochemical production capacity reaches 100 million tons; $5.5 billion in foreign exchange earnings
The Director of Production Control at the National Petrochemical Company considered the petrochemical industry's production in 1404 to be defensible despite the 12-day war, and listed the development of fields, the collection of flare gases, and investment in gas consumption reduction projects as among the petrochemical industry's solutions for providing sustainable food.
Sanctions have failed to stop Iran’s oil exports
Etemad Newspaper wrote in a report: Despite the wave of rumors and psychological warfare against the oil industry, informed sources emphasize that Iran's oil exports continue uninterrupted; an issue that shows that sanctions and media hype have failed to stop the country's oil sales cycle.
74% of Iran’s energy portfolio depends on gas
The CEO of the National Iranian Gas Company emphasized that the dependence of about 73 to 74 percent of the country's energy portfolio on natural gas is not seen anywhere else in the world, and said: "By increasing power plant efficiency, developing renewable energies, and increasing the efficiency of industrial equipment, the dependence of the country's energy portfolio can be gradually reduced."
US halts Iraq gas deal via Iran; Baghdad moves towards LNG imports
Iraq, which has sought to increase its natural gas supply and end severe electricity shortages, has faced a major obstacle. Its plan to import gas from Turkmenistan via a pipeline through Iran has failed to win approval from the United States.
International Affairs Analyst: Cooperation between Iran and Russia is the Solution to Resolving Winter Energy Imbalance
An international affairs analyst said: "By strengthening energy cooperation between Iran and Russia, we can achieve the elimination of the country's energy imbalances in the winter."
Drilling of the second development well of the Yadavaran field completed
The Deputy Managing Director of the National Iranian Drilling Company for Drilling Projects announced the completion of drilling operations for the second development well of the 6-well project in the Yadavaran joint field, saying: "After becoming productive, this well was handed over to the Petroleum Engineering and Development Company for exploitation."
