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
Abadan Refinery Phase 2 Sulfur Solidification Unit Put into Operation
The CEO of Abadan Oil Refining Company announced the operation of the company's Phase 2 sulfur solidification and granulation unit with a capacity of 460 tons.
Oil Minister: We will announce the increase in pressure in the South Pars gas field by the end of this year
The Minister of Oil considered the South Pars gas field pressure boosting as one of the most important projects of the National Iranian Oil Company and said: "Before the end of this year, we will announce good news for the finalization of some of the South Pars pressure boosting contracts."
Increase of 3 million cubic meters of gas supply to power plants
The volume of natural gas allocated to the country's power plants last week averaged 182 million cubic meters per day, an increase of 3.3 million cubic meters compared to the same period last year.
The implementation process of national oil and gas transportation industry plans in the Khuzestan region
The director of the Khuzestan Oil Pipelines and Telecommunications Company announced that the technical units of this region are supervising the implementation process of three national plans for the construction of sour crude oil, product and gas pipelines in this province.
Reasons for the failure of maximum pressure on Iranian oil
Experts believe that the return of Trump's maximum pressure policy on Iranian oil will be doomed to failure due to the economic conditions of the United States itself and China's commitment to purchasing Iranian oil.
Diversification in the downstream of propylene is needed by the country
The Deputy Minister of Petroleum in Petrochemical Affairs emphasized the necessity of product diversification downstream of propylene and said: Acrylonitrile (ACN) production causes diversification downstream of propylene, which is needed by the country.
Preparation for supplying winter fuel to the northern provinces of the country
The director of Naft-Shamal Pipelines and Telecommunications Company announced the company's readiness to supply and safely transport winter fuel from production bases to Mazandaran and Golestan provinces.
Iran, the record holder of gas consumption in the region
The energy deficit is a legacy that came from previous governments to the medical government and has now reached the crisis stage.
The development of downstream industries should be followed and implemented seriously
The CEO of the National Petrochemical Industry Company said: Iran's petrochemical industry can achieve the goals set in the development path with balanced development and expansion of complementary industries.
What are the causes of energy imbalance in Iran?
Member of the Board of Trustees of the Pension, Savings and Welfare Fund of Oil Industry Employees, pointing out that the increase in energy demand, inappropriate structure of energy supply and distribution, sanctions and economic problems, poor management and policy, fluctuations in energy production and political and security crises are among the reasons for its formation. Energy imbalance is energy, he said: If we had an optimal energy portfolio, we could use more electric energy and solar energy to compensate part of the energy imbalance.
