From reckless policymaking to official warning to petrochemicals; Iran’s propylene market at risk
Despite the special capabilities in developing the propylene value chain, due to excessive licensing and lack of sound policymaking by the National Petrochemical Company, this market is becoming saturated and is on track to suffer a similar fate to methanol production units.
Get to know one of the most modern refineries in Iran, Bandar Abbas Oil Refinery
Bandar Abbas Oil Refining Company, as one of the 10 largest refineries in the country, plays a key role in providing Iran with the energy and products it needs. The refinery was built on an area of about 770 hectares, 20 kilometers west of Bandar Abbas city and on the northern shore of the Persian Gulf, and went into operation in 1997 with an initial capacity of 232,000 barrels per day.
Iran’s electricity is caught in false pricing; power plants don’t even cover their maintenance costs
The CEO of Jamco said: "The electricity economy in Iran is paralyzed; power plants are not even making ends meet for their repairs, let alone building new ones." He warned that incorrect electricity pricing has caused investors to flee the sector and that the electricity imbalance is deepening every year.
Breaking News
$9 billion investment opportunity in central oil
Members of the National Iranian Gas Company’s Contractual Dispute Resolution Board Appointed
Ensuring safe and sustainable production at the South Pars Gas Complex next winter
We must stop the wrong competition between energy production and consumption in the country
Major repairs to South Pars’ 9th refinery begin
Identifying opportunities is an important factor in attracting capital in oil
Record production of 1 billion and 114 million cubic meters of gas in one day
By implementing the South Pars pressure boosting plan, we will no longer need to import gas.
