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.

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.