The CEO of Persian Gulf Holding prevented the lack of transparency

Mohammad Shariatmadari invited the journalists to the meeting.

What is a floating sphere and how does it deliver Iran’s oil to the world?

In the heart of the Persian Gulf, a floating structure is connected to the seabed with huge chains, which transfers Iran's oil and gas condensate to giant tankers without the need for a dock. This localized technology is the hidden pillar of Iran's oil exports.

Strategies to deal with energy imbalances in the cold season; from the need to form a Ministry of Energy to liberalizing gas prices

Winter is coming, and like every year, the issue of reducing gas consumption in the domestic sector and the challenge of energy imbalance is once again highlighted. Energy expert Hossein Mirafazli warns that excessive dependence on gas for home heating is a strategic mistake that has faced the country with an energy imbalance crisis during the cold season. He emphasizes the need to establish a Ministry of Energy, promote incentive schemes, and utilize modern technologies to reduce gas consumption.

Breaking News

Bloomberg: Iran’s oil sales to China have slowed

Successive rounds of sanctions against companies and tankers allegedly helping Tehran have finally slowed Iranian oil sales to China.

Iraq’s exemption from importing gas from Iran revoked; Baghdad searches for a new alternative

The cancellation of Iraq's exemption from importing gas from Iran and the end of Iraq's electricity sector's dependence on Tehran will provide a good opportunity for the GCC countries to participate in Iraq's energy sector.

Details of the $17 billion South Pars Pressure Boosting Project Contract

Today, the National Iranian Oil Company signed one of the largest contracts in the history of the oil industry with Petropars, Khatam al-Anbia Construction Headquarters, OIC, and MAPNA, worth approximately $17 billion.

Liquid fuel delivery to power plants increased by 6 billion liters

The CEO of the National Iranian Petroleum Products Distribution Company announced the total amount of liquid fuel delivered to the country's power plants since the beginning of the year at 20 billion 800 million liters, saying: "This amount has increased by 6 billion liters compared to the same period last year."

$780 billion in revenue through the implementation of the pressure-raising plan

The executive of the strategic plan for increasing pressure in the South Pars gas field, referring to the details of this huge and strategic project, said: "With the implementation of this plan, the field's recovery rate will increase from 54 percent to 75 percent and will have an economic value of $780 billion for the country."

Strengthening the friendship and rivalry between Tehran and Ankara

In recent years, Iran and Türkiye have been in serious competition to become a regional gas hub, and the Turkmenistan-Iran-Turkey project emphasizes this and increases cooperation between the two countries.

Will the plan to transfer fuel quotas from cards be implemented?

The plan to transfer gasoline quotas from fuel cards to bank accounts is one of the latest changes in fuel distribution policies in Iran, which was proposed to increase transparency, prevent smuggling, and improve fuel consumption management. This idea has been discussed several times in recent years, and finally, a contract for the pilot implementation of this plan was signed yesterday.