Iran’s oil discount to China reaches its highest level in a year

Iran’s oil discount to China reaches its highest level in a year

As a new wave of sanctions from the United States, Britain and the European Union target sales of Russian and Iranian oil, trade sources told Reuters that discounts on Iranian oil for Chinese customers have reached their widest in more than a year, reaching as much as $10. Reduced oil import quotas for independent Chinese refiners have also added to the pressure.

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Power plant gas consumption exceeds 281 million cubic meters

Power plant gas consumption exceeds 281 million cubic meters

A review of gas consumption statistics from June 10 to 16 shows that the average daily gas consumption of power plants exceeded 281 million cubic meters and reached its highest level on June 12 with a consumption record of more than 287 million cubic meters.
Privatization of the petrochemical industry completed

Privatization of the petrochemical industry completed

The head of the Privatization Organization said: "65 petrochemical companies have been transferred to the private sector and the government no longer has a meaningful stake in this industry, and the creation of a regulatory body is essential to organize the market and support competitiveness."