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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Importance of GECF meeting in Tehran; Gas market awaits exporters’ decision

Importance of GECF meeting in Tehran; Gas market awaits exporters' decision. Considering the estimated increase in gas demand in the short and medium term, especially in Europe, the Gas Exporters' Forum meeting was held in Tehran with a focus on increasing production and is expected to have an impact on the gas production and trade process.

20% increase in domestic gas consumption

66 percent of the natural gas delivered to the national network yesterday (December 6) was allocated to the domestic, commercial, and small industrial sectors, which is a 20 percent increase compared to the same day last year.

More than 60% of the global energy portfolio will be supplied by fossil fuels by next year

The former Secretary General of the Gas Exporting Countries Association, pointing out that gas is a suitable fuel in transition, said: "We (the world's gas exporters) believe that by 2050, more than 60 percent of the global energy portfolio will still be supplied by fossil fuels."

Abbas Akhundi: China did not give us $21 billion of our oil money!

Abbas Akhundi revealed the nature of China-Iran relations during Ahmadinejad's reign.

GECF Secretary General Arrives in Tehran to Attend Gas Exporters Summit

The Secretary General of GECF arrived in Tehran to attend the 26th Ministerial Meeting of the Gas Exporting Countries Forum from December 6 to 8.

It is not fair to allocate a fuel card to someone who owns multiple cars

Parliamentary Deputy Pezizkian stated: "If a fuel card is going to be issued, it should be issued to all people and it should be in the name of the person, not the name of the vehicle."

700 million liters of fuel transferred to Tehran’s power plants

The deputy director of operations for the Tehran Region Oil Pipelines and Telecommunications Company announced that more than 700 million liters of fuel have been transferred to the country's power plants since the beginning of this year.

Holding a ministerial meeting of the Gas Exporting Countries Forum in Tehran

The Deputy Minister of Oil for International Affairs and Trade announced the gathering of the world's largest gas exporters in Tehran and said: "These countries collectively hold 70 percent of the world's gas reserves, 40 percent of production, 47 percent of gas exports through pipelines, and 51 percent of LNG exports."

Operation of 3 associated gas collection projects by the end of the year

The head of the Environmental Protection Agency stated that desirable measures have been taken to reduce pollutants resulting from burning gas in flares in the oil-rich areas of the south, and said: "Achieving the desired result requires further follow-up and appropriate and rational timing."

The Statistics Center announced that GDP growth was driven by oil

According to a report by the Statistical Center of Iran, in the first 6 months of this year, we witnessed a 4% economic growth in gross domestic product with oil.