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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A fateful dilemma for Iran’s petrochemical industry: Focus on small units or refineries?

A fateful dilemma for Iran’s petrochemical industry: Focus on small units or refineries?

Iran's petrochemical industry is at a strategic crossroads: developing huge mega-plants for global competition or focusing on small and medium-sized units to meet domestic needs? Mohsen Ansari, an expert in the petrochemical industry, says in response to this question: Both paths have their advantages, but ignoring new global technologies such as COTC could jeopardize Iran's export position.
Winter Fuel Supply Meeting; Full Preparation for Early Cold

Winter Fuel Supply Meeting; Full Preparation for Early Cold

A meeting to review winter fuel supply plans was held with the participation of the Minister of Oil and his deputies, with the aim of reviewing the latest necessary measures to ensure the sustainability of the country's fuel supply on the eve of the cold season; statistics indicate a significant increase in liquid fuel and natural gas reserves compared to the same period last year.
A fateful dilemma for Iran’s petrochemical industry: Focus on small units or refineries?

A fateful dilemma for Iran’s petrochemical industry: Focus on small units or refineries?

Iran's petrochemical industry is at a strategic crossroads: developing huge mega-plants for global competition or focusing on small and medium-sized units to meet domestic needs? Mohsen Ansari, an expert in the petrochemical industry, says in response to this question: Both paths have their advantages, but ignoring new global technologies such as COTC could jeopardize Iran's export position.
Petrochemicals victims of gas impulses; Winter is hard on the way

Petrochemicals victims of gas impulses; Winter is hard on the way

Reducing access to the cold seasons in the cold seasons has directly reduced production and consequently reduced revenue and profitability of the petrochemical industry, and petrochemical units for the cold season are concerned about half the allocation of gas to the industry.
More than 5 exploration wells were delivered to operating companies

More than 5 exploration wells were delivered to operating companies

During the years, with the efforts of the company's technical assistants, more than 5 wells have been submitted after joint field visits, completion of checklists and the arrangement of temporary and permanent minutes to oil companies in central Iran, Pars oil and gas, engineering and oil development (text), oil and gas, Iranian oil and oil.
Iran’s oil production increased by 4,000 barrels

Iran’s oil production increased by 4,000 barrels

The director of the Oil Engineering and Development Company announced that with the launch of a mobile desalination unit in Cheshmeh Khosh Square, the daily production of the square increased by 4,000 barrels to 6,000 barrels, adding that the figure is expected to increase by the end of the year to 6,000 barrels a day.
With the activation of the trigger mechanism the heavy oil discounts are on the way

With the activation of the trigger mechanism the heavy oil discounts are on the way

As the trigger mechanism becomes approaching and the return of international sanctions, the issue of the impact of these sanctions on Iranian oil exports has been hot again. "The activation of the trigger mechanism usually increases the risk of sanctions, and in the Iranian market, instead of raising prices, it appears more discounts than oil indicators," says energy expert Abdullah Babakhani.