
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

Gas consumption in Tehran province increased by 34 percent

GECF members condemn Zionist regime’s actions against Iran

Importance of GECF meeting in Tehran; Gas market awaits exporters’ decision

20% increase in domestic gas consumption

More than 60% of the global energy portfolio will be supplied by fossil fuels by next year

Abbas Akhundi: China did not give us $21 billion of our oil money!

GECF Secretary General Arrives in Tehran to Attend Gas Exporters Summit

It is not fair to allocate a fuel card to someone who owns multiple cars

700 million liters of fuel transferred to Tehran’s power plants
