Abadan Petrochemical Company: A 50-year legacy that went bankrupt
Abadan Petrochemical, as the first petrochemical complex in Iran, is facing a paradox between “oldness” and “efficiency” today, on the eve of its sixth decade of operation. This company, which was once a symbol of Iran’s industrial modernity, is now struggling with structural challenges in the production chain and a food supply crisis, despite its 14 percent share in the country’s PVC supply; a situation that has tied the survival of this strategic unit to ownership reform and infrastructure modernization.
More than 2,000 items of goods exchanged between Iran and Russia; trade volume reached $4.7 billion
The Russian secretary of the Iran-Russia Joint Economic Commission announced the possibility of exchanging more than 2,000 items of goods and services between the two countries, saying: "According to the latest statistics, the volume of trade between the two countries has reached 4.7 billion dollars."
100,000 barrels increase in oil production in the oil-rich areas of the south; a big step towards the Seventh Plan
Within this framework, the southern oil-rich regions, by simultaneously focusing on maintaining production, developing fields, improving operational readiness, and increasing the resilience of facilities, were able to increase the average daily crude oil production by about 100,000 barrels in the operational scope of the Karun, Marun, Aghajari, Masjed Soliman, and Gachsaran oil and gas exploitation companies, while compensating for the natural decline in reservoirs; an increase that was the result of a series of field, technical, and managerial measures and highlights the decisive role of this company in the sustainable supply of energy to the country.
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