Showy MoUs Have Grounded Iran LNG Project
The Iran LNG project, which began in the 1980s with the aim of making Iran a major player in the global liquefied natural gas market, is now facing numerous technical and economic challenges. Despite the signing of a new memorandum of understanding between the Iranian Natural Gas Liquefaction Company and the Petroleum Industries Engineering and Construction Company, experts believe that without cooperation with Western companies, the implementation of the project will be impossible.
Iranian shipping giant brought to its knees; Asadollah Imamjuma and his son placed on US blacklist
The Trump administration has sanctioned the Iranian shipping giant in new, draconian sanctions against Iran's oil and gas sales.
Energy self-sufficiency in the petrochemical industry; Persian Gulf Holding’s multi-billion dollar step in developing solar power plants
Persian Gulf Holding, with its massive $2 billion plan to build a 5,000-megawatt solar power plant, is seeking self-sufficiency in energy supply and reducing dependence and pressure on the national grid.
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The need for cooperation between all sectors to optimize consumption and invest in increasing gas production
Explaining gas supply in imbalanced conditions, the CEO of the National Iranian Gas Company said: "To deal with energy imbalance, the two wings of "consumption optimization" and "investment to increase production" must be considered together."
Fuel smuggling ads hit cyberspace
Everything can be found in cyberspace, from Iranian crude oil exports to gasoline, diesel, fuel oil, and liquefied petroleum gas. Since there is insufficient monitoring of the purchase and sale of fuel in cyberspace and its sources of supply, it seems that traces of smuggling can be seen in online fuel sales.
Energy consumption in public sectors should reach 50% of current consumption
Stating that we are determined to correct imbalances, the First Vice President said: "The energy consumption of government agencies must be halved."
Iran, the largest methanol exporter in the West Asian region
Methanol, as a product based on natural gas feedstock, accounts for a significant share of the production and export of the country's petrochemical industry products.
50% increase in gasoline consumption over 5 years / Increasing prices will not solve the problem
An energy expert said: "The energy imbalance in the country is increasing every year, such that gasoline consumption has increased by 50 percent in five years, and a similar situation exists in other energy carriers. It seems that in these circumstances, an energy ministry should be established."
Some of the gasoline consumed by cars in the country is not standardized
The head of the Environmental Protection Agency pointed out the role of substandard gasoline in air pollution and said: "Some of the gasoline consumed by mobile sources, including cars, does not comply with the national standards approved by the National Standards Organization."
Will $87 billion in lost rig money be returned to Iran?
It might not be wrong to claim that the 1990s were one of the most corrupt decades in Iran's oil history. The decade in which the massive Petrochemicalgate corruption scandal was revealed was close to the same years in which the issue of missing oil rigs became a subject of black satire.
Gas outage reduces petrochemical exports by $1.3 billion
Referring to the gas outages of some petrochemical companies, the Secretary General of the National Petrochemical Industries Employers Association said: "Unfortunately, this issue has put pressure on production and we predict that our exports will decrease by at least $1 to $1.3 billion compared to last year." Recently, the CEO of the National Petrochemical Company announced that the Central Bank has allowed 50 percent of the foreign exchange earned from the export of petrochemical products to be invested in the petrochemical companies themselves.
Increasing gasoline prices is not on the government’s agenda
Fatemeh Mohajerani, a spokeswoman for the 14th government, emphasized: "The gasoline imbalance is a serious issue that has two solutions: importing gasoline and managing consumption."
Energy Minister: Iran ranks first in energy consumption in the world
The Minister of Energy, stating that we are ranked first in the world in terms of energy consumption, continued: "People should support us so that we can get through this difficult winter comfortably."
