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
Oil Minister: Supplying gas for domestic and commercial consumption is the ministry’s red line
Emphasizing that the Ministry of Oil is making every effort to prevent gas outages during the cold months of the year, the Minister of Oil said: "Know that the area of domestic and commercial consumption is the red line for this ministry in terms of gas supply."
Oil Minister announces increase in fuel deliveries to power plants
The Minister of Energy said: "Currently, the amount of fuel delivered to power plants has increased, and it can be said that the fuel imbalance of power plants has improved."
The government’s determination to strengthen the country’s oil and gas industry is serious
A member of the Energy Commission of the Islamic Consultative Assembly said: "The government has a serious determination to strengthen the country's oil and gas industry and is also sending a message to its enemies that it will not surrender to external threats and pressures and will continue its development and progress in the oil industry."
Consequences of the Gazprom Sanctions: From Europe’s Concern to an Opportunity for Tehran
The recent sanctions on Gazprombank have raised serious concerns in the European Union about the threat to its energy security, which could potentially extend to Gazprom itself. If that happens, Tehran could take advantage of the gas deal with Moscow and transit surplus Russian gas to its neighbors.
Water inflow to the country’s dams decreased by 12 percent
According to a report by the Iranian Water Resources Management Company, the inflow of the country's dams in the current water year is 2.76 billion cubic meters, which represents a 12 percent decrease compared to the inflow of 3.14 billion cubic meters last year.
The consolidation commission’s approvals have not restricted gasoline imports
Mohsen Zanganeh, deputy chairman of the 1404 budget bill consolidation committee, said: "The import of gasoline into the country has not been banned according to the approvals of the consolidation committee."
Reducing home heating appliances by one degree is also effective in eliminating imbalances
Emphasizing that our demand for people to save on gas and other energy carriers does not mean not consuming them, the Minister of Oil said: "If people reduce the temperature of their home heating systems by one degree, it will play an effective role in eliminating part of the gas imbalance in the country."
$300 billion in capital, Iran’s oil industry needs to revive
The heavy lock on the doors of Iran's oil industry to the world is weighing more heavily than ever on the life of this large and vital industry of the country.
Ghalibaf: 25 to 30 million liters of petroleum products are smuggled out of the country daily
The Speaker of the Islamic Consultative Assembly, Mohammad Baqer Qalibaf, emphasized the organized smuggling of petroleum products and the inefficiency in implementing the Seventh Development Plan, calling for national determination and serious measures to solve these problems.
Dimensions of the fuel smuggling crisis in Iran
The smuggling of millions of liters of diesel per day has caused numerous problems in the country, including blackouts and waste of government resources and subsidies.
