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.
Breaking News
Blackout disaster: 60% of power plant fuel is wasted
Despite widespread blackouts in many cities across the country, shocking statistics have been released stating that 60 percent of power plant fuel is wasted. This is while our country is facing a severe energy shortage. But why is a huge amount of fuel being wasted despite all this shortage?
Drilling of 9 in-field wells in Phase 19 of South Pars
The head of the North Drilling Company said: The new Sahar 1 mission includes drilling 9 in-field wells (infill) in Phase 19 of South Pars with the aim of reducing the gas imbalance in the country.
24,000 illegal miners were collected in Tehran Province
The CEO of the Tehran Province Electricity Distribution Company announced a decrease in theft of electricity industry equipment and said: "Over the past three years, we have collected about 24,000 unauthorized miners consuming 50 megawatts, and we ask all subscribers to report any unusual noises and receive a cash reward of one million tomans for each miner discovered without revealing their names."
Petrochemicals Investigation Plan Launched
The plan to investigate petrochemicals has so far been signed by more than 25 members of parliament.
Energy imbalance has become a public issue
The CEO of the National Iranian Gas Company emphasized that the issue of energy imbalance has now become a public issue, saying: "Everyone needs to be involved and work to manage energy consumption."
Ghadir Petrochemical’s great achievement: Iran’s self-sufficiency in medical PVC production
For the first time in the country, Ghadir Petrochemical has made a major leap in the country's medical industry by producing medical grade PVC. This achievement will not only reduce our dependence on importing this vital product, but will also help improve the quality of Iranian medical products and compete with foreign products.
We must increase the share of CNG in the country’s fuel portfolio
The CEO of the National Iranian Petroleum Products Distribution Company said: Diversifying the country's fuel portfolio is among the programs that are being seriously pursued by the 14th government.
Iran’s gasoline production increased by 8 million liters during the 14th government
The CEO of the National Iranian Petroleum Refining and Distribution Company announced an increase in production of 8 million liters of gasoline and 7 million liters of oil and gas during the 14th government.
22% increase in domestic gas consumption
The Deputy Minister of Oil for Gas Affairs announced a 22 percent increase in gas consumption by the household, commercial, and non-consumer industries sectors compared to the same period last year, and said: "Gas consumption in this sector reached 547 million cubic meters per day on Saturday."
60% of power plant fuel is wasted
The secretary of the Electricity Industry Syndicate stated that the efficiency of the country's power plants in the best conditions is around 40 percent, adding: "In other words, 60 percent of the power plant fuel is wasted."
