The collapse of industry, the rise of oil; how did Iran’s economy get caught in a vicious cycle?
Nili warns that if no solutions are found, large industrial enterprises will also shrink within the next 10 years.
Blending methanol with gasoline is a better alternative than converting it
The CEO of Zagros Petrochemical Company did not consider the plan to convert methanol into gasoline to be cost-effective under current economic and technical conditions.
Declining demand for gasoline has cast doubt on the future of the methanol-to-gasoline conversion project
The CEO of Shastan Commercial Investment Company believes that the plan to convert methanol into gasoline is a risky investment in the current circumstances and given global developments.
Breaking News
$14 million per day: Heavy cost of gas cutoff for petrochemical exports
The Secretary General of the Iranian Petrochemical Employers' Association said: "If there is no food, some petrochemical plants will have to operate at 30% capacity by 1407. About $14 million is lost from our exports every day due to the lack of gas for petrochemical plants."
Oil Minister: Any comment I make about Crescent may be detrimental to the Islamic Republic!
Regarding the Crescent case, the Minister of Oil said: "The other party has made claims and the court is reviewing the matter. In return, Iranian lawyers and experts from the Ministry of Oil are also defending the country's rights."
Smuggling of 15 million liters of petroleum products from fuel cards!
The growth in transportation consumption in Tehran province is negative 19%, but in Chabahar, we have positive growth of 152%, which shows that card migration is happening.
Mohajerani: Good news in the oil sector will be announced in the coming days
The government spokesman said: "The Minister of Oil will have good news in the field of investment in the oil industry in the coming days."
The capacity of the petrochemical industry has now increased from 3 million tons to 96 million tons
The CEO of the National Petrochemical Industries Company declared the explosive growth of the petrochemical industry in line with preventing crude oil sales as the most important achievement of the oil industry chain, saying: "The petrochemical industry is the crystallization of the oil industry value chain."
634 million cubic meters of gas were consumed in the domestic sector
A spokesman for the National Iranian Gas Company said: Of the 875 million cubic meters of gas delivered to the national network yesterday, 72 percent was consumed in the domestic, commercial, and small industrial sectors.
Details of the Maroon Petrochemical Waste Warehouse Fire
The spokesperson for the Petrochemical Special Economic Zone's emergency situation announced that the fire in the Maroon petrochemical waste warehouse is under control.
Hemmati: Lifting oil sanctions is more important now than ever
The Minister of Economy and Finance wrote on the social network X: "Lifting Iran's oil sanctions is now more economically important than ever."
Signing of the Memorandum of Understanding for the Largest Smart Oil Industry Project
The joint memorandum of understanding for the project "Real-time monitoring and intelligent management of the country's petroleum products supply chain" was signed yesterday (Sunday, February 14), coinciding with the 46th anniversary of the victory of the Islamic Revolution and the Shabaniyah holidays.
Minister of Energy: Eliminating electricity imbalance is a priority for the Ministry of Energy
Emphasizing that we will solve the problem of energy imbalance, the Minister of Energy said: "In order to eliminate existing imbalances, by implementing 14 major energy projects, the amount of electricity production in the country will increase to 100,000 megawatts."
