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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Sufficient fuel has been stored for Nowruz

Sufficient fuel has been stored for Nowruz

The CEO of the National Iranian Petroleum Products Distribution Company said: "Sufficient fuel has been stored in oil depots to provide the desired fuel supply for Nowruz, and we will not have a shortage in this regard during the upcoming holidays."
South Azadegan crude oil processing unit launched

South Azadegan crude oil processing unit launched

The CEO of the Petroleum Engineering and Development Company announced the round-the-clock efforts of the executive groups to launch the first section of the crude oil processing unit of the South Azadegan Joint Field, saying: "This unit will soon enter production."
Fuel supply for vehicles continues to be done through a smart system

Fuel supply for vehicles continues to be done through a smart system

The CEO of the National Iranian Petroleum Products Distribution Company emphasized the supply of gasoline and oil and gas through the smart fuel system platform and said: "Study work on a new plan for refueling through the banking network is underway and will be implemented if approved by the Cabinet of Ministers."