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
Regarding the issue of fuel smuggling, we must move towards prevention and law enforcement
Gas consumption increases at the end of the week
Tripartite Memorandum of Understanding for the Plan to Revive Closed and Low-Productivity Oil Wells
Stopping the increase in electricity costs for industrial subscribers
Babak Zanjani has neither been released nor is he on leave
Domestic gas consumption reached 590 million cubic meters
Gas cut off to 272 government offices in Tehran due to lack of savings
Reduction in production of Iranian methanol producers
The latest statistics on the filling of the country’s dams: 57 percent of the dam reservoirs are empty
