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
Will $87 billion in lost rig money be returned to Iran?
It might not be wrong to claim that the 1990s were one of the most corrupt decades in Iran's oil history. The decade in which the massive Petrochemicalgate corruption scandal was revealed was close to the same years in which the issue of missing oil rigs became a subject of black satire.
Gas outage reduces petrochemical exports by $1.3 billion
Referring to the gas outages of some petrochemical companies, the Secretary General of the National Petrochemical Industries Employers Association said: "Unfortunately, this issue has put pressure on production and we predict that our exports will decrease by at least $1 to $1.3 billion compared to last year." Recently, the CEO of the National Petrochemical Company announced that the Central Bank has allowed 50 percent of the foreign exchange earned from the export of petrochemical products to be invested in the petrochemical companies themselves.
Increasing gasoline prices is not on the government’s agenda
Fatemeh Mohajerani, a spokeswoman for the 14th government, emphasized: "The gasoline imbalance is a serious issue that has two solutions: importing gasoline and managing consumption."
Energy Minister: Iran ranks first in energy consumption in the world
The Minister of Energy, stating that we are ranked first in the world in terms of energy consumption, continued: "People should support us so that we can get through this difficult winter comfortably."
Gas Exporting Countries Forum meeting in Tehran coincides with sensitive Middle East conditions
The 26th Ministerial Meeting of the Gas Exporting Countries Forum (GECF) was held in Tehran at a time when many international experts believed that the meeting might not be held in person due to geopolitical events in the Middle East. However, holding this meeting in Tehran, even under these special circumstances, indicates Iran's high stability, stability, and security.
Tehran’s dams’ water reserves are only 20 percent
Emphasizing that water is a cross-sectoral issue, the water industry spokesperson said: "The Ministry of Energy alone cannot solve its problems, and other agencies must solve water problems by improving the development model."
Shiraz Petrochemical Gas Cut Off
Shiraz Petrochemical Company announced: Production halt in all production units due to the announcement of restrictions on gas consumption by the Fars Province Gas Company.
Preventing the waste of 1.3 billion cubic meters of gas in South Pars by reducing flare gases
The CEO of the South Pars Gas Complex said: "By implementing the plan to reduce flare gas emissions by the end of this year, the annual waste of 1.3 billion cubic meters of gas in South Pars will be prevented."
Supplying 25% of saline gas to the Central Regions Oil Company
The head of production management at the Central Iranian Oil Company, pointing out that more than 25 percent of the country's gas needs are produced by this company, said: "The average daily gas production of the Central Iranian Oil Company in the first seven months of 1403 was about 163.5 million cubic meters per day, which indicates that the company's gas production goals have been achieved by 122 percent."
US sanctions against Iran have not stopped oil exports, they have only changed their direction
Chevron's CEO announced that Washington's current sanctions against Tehran have only changed the export route of Iranian oil shipments.
