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.

From reckless policymaking to official warning to petrochemicals; Iran’s propylene market at risk

Despite the special capabilities in developing the propylene value chain, due to excessive licensing and lack of sound policymaking by the National Petrochemical Company, this market is becoming saturated and is on track to suffer a similar fate to methanol production units.

Get to know one of the most modern refineries in Iran, Bandar Abbas Oil Refinery

Bandar Abbas Oil Refining Company, as one of the 10 largest refineries in the country, plays a key role in providing Iran with the energy and products it needs. The refinery was built on an area of about 770 hectares, 20 kilometers west of Bandar Abbas city and on the northern shore of the Persian Gulf, and went into operation in 1997 with an initial capacity of 232,000 barrels per day.

Breaking News

Fajr Energy saves 2 million euros in foreign exchange by supporting domestic companies

Due to the severe fluctuations in the exchange rate in the country, Fajr Energy Persian Gulf Company managed to save more than two million euros in foreign exchange by prioritizing rial contracts with domestic suppliers.

Russia’s willingness to export gas to Iran

As part of Moscow's efforts to diversify its gas export flow, the Russian President announced on Friday that Russia may supply a maximum of 55 billion cubic meters of gas to Iran per year.

867 million cubic meters of gas were delivered to the national network

A spokesman for the National Iranian Gas Company announced the delivery of 867 million cubic meters of gas to the national network yesterday (January 18).

When will the removal of the car fuel card be decided?

The spokesperson for the National Gas Station Owners Association said: Based on the parliament's resolution on the budget law, it is expected that the issue of eliminating the car fuel card and allocating subsidies to individual bank cards will be decided in the first quarter of 1404.

An important step has been taken to launch the Urea Petrochemical Unit at Hengam

With continuous planning and round-the-clock efforts of Hengam Petrochemical's urea commissioning unit, the commissioning of the cooling water line began, and thus the pre-commissioning operation of the urea unit's ancillary services was successfully completed.

Foreign Minister announces follow-up on Russian gas exports to Iran during President’s visit

The Foreign Minister referred to the President's plans for his trip to Russia and said: "We will have important negotiations in several areas, one of which is the issue of exporting Russian gas to Iran and transporting Russian gas from Iran, which could turn Iran into an energy and gas hub in the region."

Government Spokesperson: We will see measures to prevent fuel smuggling in the coming days

The government spokesman said: "With the measures taken, we will see positive developments in the coming days towards preventing fuel smuggling."

Major repairs of the Izomax unit of Isfahan Refinery

For the first time, during the overhaul of the Isomax Unit 1, internal components of the reactors of this unit will be removed, rebuilt, and installed, which will play an important role in improving processes and productivity.

Ilam Petrochemical Company’s $36 million conviction overturned

With the continuous efforts and follow-up of the CEO and board of directors of Ilam Petrochemical Company and the guidance of senior managers of Petrol Company, the $36 million conviction of this petrochemical company was officially overturned.

For the first time in the country, Hengam launches technical and vocational training in petrochemicals

With the signing of a quadrilateral memorandum of understanding between the country's Technical and Vocational Education Organization, Hengam Petrochemical on behalf of Persian Gulf Holding, Bushehr Governorate, and Pars Special Economic Energy Zone Organization, the first technical and vocational training center for advanced and supplementary oil, gas, and petrochemical skills will be launched at the initiative of the Persian Gulf Petrochemical Industries Group and named "Persian Gulf".

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