
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.

Iran’s electricity is caught in false pricing; power plants don’t even cover their maintenance costs
The CEO of Jamco said: "The electricity economy in Iran is paralyzed; power plants are not even making ends meet for their repairs, let alone building new ones." He warned that incorrect electricity pricing has caused investors to flee the sector and that the electricity imbalance is deepening every year.
Breaking News

Actions of the Parliament’s Energy Commission in Resolving the Electricity and Gas Imbalance

Official selling price of Iranian oil in January 2025

Significant increase in liquid fuel deliveries to power plants in the last 4 months

Producing gasoline from methanol ruled out

Product production at Bushehr Petrochemical reached 3 million tons

Using petrochemical capacity in the campaign to reduce gas consumption by 10 percent

Khark Oil Terminal plays a vital role in achieving the oil industry’s major goals

Providing $23 billion from the National Development Fund for 60 oil and gas projects

$18 billion in unused investment and gas cutoffs at 12 petrochemical plants; a memorandum of understanding was signed to save the petrochemical industry from the gas crisis
