If the Strait of Hormuz is closed, who is the first victim?

If the Strait of Hormuz is closed, who is the first victim?

A member of the Majlis National Security Commission still threatened to close the Strait of Hormuz, while such a speech may seem attractive to the general audience, in fact deepest disregard for Iran's economic and geopolitical realities. The key question is if the Strait of Hormuz really closes, who is most damaged? The answer is clear, Iran itself. Even if the country's oil exports reach 6,000 barrels a day, there is still no other way than to cross the same strait.

From Qatar’s domination to Iran’s failure; The story of the failure of three projects of LNG

From Qatar’s domination to Iran’s failure; The story of the failure of three projects of LNG

While Qatar has become the world's liquefied natural gas export giant using the South Pars joint field and has earned more than $ 5 billion in the year, Iran has failed with three huge gas liquid projects. Iran LNG, Pars LNG and Persian LNG's projects, which were supposed to be Iran's entry into the world market, were under pressure from sanctions and the withdrawal of foreign companies into semi -finished structures in Assaluyeh; An unfinished dream that has taken the opportunity to consolidate Iran's position in the global energy industry.

Breaking News

The household sector accounts for 80% of the country’s gas consumption

The household sector accounts for 80% of the country’s gas consumption

A spokesman for the National Iranian Gas Company announced that 80 percent of the total gas delivered to the network was consumed in the domestic, commercial, and small industries sectors as the weather got colder, saying: "The domestic, commercial, and small industries sectors consumed 692 million cubic meters on Tuesday.
45% share of Persian Gulf Star Refinery in supplying the country’s fuel basket

45% share of Persian Gulf Star Refinery in supplying the country’s fuel basket

The site manager of a South Pars gas complex considered the role of the refineries in this complex to be strategic in supplying feed to the Persian Gulf Star Refinery, saying: "Since the beginning of this year, more than 135 million barrels of gas condensate have been sent from all South Pars refineries to the Persian Gulf Star Refinery."
Which Iranian petrochemicals are aromatic?

Which Iranian petrochemicals are aromatic?

In the country's petrochemical industry, aromatic petrochemicals play an important role in this industry by converting naphtha feedstock and gas condensates into valuable products such as gasoline. Currently, Persian Gulf Holding is considered the largest producer of aromatic products in the country. This holding owns three important petrochemicals: Bandar Imam Petrochemical, Bu Ali Sina Petrochemical, and Nouri Petrochemical.