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

Gas consumption in the brick industry can be reduced by up to 90 percent with new technologies

Gas consumption in the brick industry can be reduced by up to 90 percent with new technologies

The Director of Energy and Carbon at the National Iranian Gas Company announced the development of a document to improve and modernize the brick industry in the country's brick production hub with a high share in gas consumption, and said: "About 300 cubic meters of gas are consumed to produce each ton of brick, but with changes in technology, this figure can be reduced to 27 cubic meters."
Sanctions have failed to stop Iran’s oil exports

Sanctions have failed to stop Iran’s oil exports

Etemad Newspaper wrote in a report: Despite the wave of rumors and psychological warfare against the oil industry, informed sources emphasize that Iran's oil exports continue uninterrupted; an issue that shows that sanctions and media hype have failed to stop the country's oil sales cycle.
74% of Iran’s energy portfolio depends on gas

74% of Iran’s energy portfolio depends on gas

The CEO of the National Iranian Gas Company emphasized that the dependence of about 73 to 74 percent of the country's energy portfolio on natural gas is not seen anywhere else in the world, and said: "By increasing power plant efficiency, developing renewable energies, and increasing the efficiency of industrial equipment, the dependence of the country's energy portfolio can be gradually reduced."
Drilling of the second development well of the Yadavaran field completed

Drilling of the second development well of the Yadavaran field completed

The Deputy Managing Director of the National Iranian Drilling Company for Drilling Projects announced the completion of drilling operations for the second development well of the 6-well project in the Yadavaran joint field, saying: "After becoming productive, this well was handed over to the Petroleum Engineering and Development Company for exploitation."
Producing gasoline from methanol is not profitable

Producing gasoline from methanol is not profitable

The planning director of the National Petrochemical Company, emphasizing the focus on the downstream and reaching a capacity of 131 million tons by the end of the Seventh Plan, said that producing gasoline from methanol is not economically viable.
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