If the Strait of Hormuz is closed, who is the first victim?

If the Strait of Hormuz is closed, who is the first victim?

A member of the Majlis National Security Commission still threatened to close the Strait of Hormuz, while such a speech may seem attractive to the general audience, in fact deepest disregard for Iran's economic and geopolitical realities. The key question is if the Strait of Hormuz really closes, who is most damaged? The answer is clear, Iran itself. Even if the country's oil exports reach 6,000 barrels a day, there is still no other way than to cross the same strait.

From Qatar’s domination to Iran’s failure; The story of the failure of three projects of LNG

From Qatar’s domination to Iran’s failure; The story of the failure of three projects of LNG

While Qatar has become the world's liquefied natural gas export giant using the South Pars joint field and has earned more than $ 5 billion in the year, Iran has failed with three huge gas liquid projects. Iran LNG, Pars LNG and Persian LNG's projects, which were supposed to be Iran's entry into the world market, were under pressure from sanctions and the withdrawal of foreign companies into semi -finished structures in Assaluyeh; An unfinished dream that has taken the opportunity to consolidate Iran's position in the global energy industry.

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Bandar Imam petrochemical exports grew by 35 percent

Bandar Imam petrochemical exports grew by 35 percent

Bandar Imam Petrochemical Company has succeeded in exporting one million and 6 thousand tons of products to international markets in the first 9 months of 2024, which represents a 35% growth compared to the same period last year.
The performance of the 14th government in delivering oil and gas to power plants

The performance of the 14th government in delivering oil and gas to power plants

Contrary to the unprofessional comments of some critics of the 14th government who are trying to blame the Ministry of Oil for the blackouts, a review of the ministry's performance in the last four months shows that during this same period, many records have been broken in the field of oil and gas production and delivery to the country's power plants.
Electricity production at Neka Power Plant increased by 10 percent

Electricity production at Neka Power Plant increased by 10 percent

The CEO of Neka Power Generation Management Company said: "The net energy production of the Shahid Salimi Neka Power Plant increased by about 10 percent in the past 9 months compared to the same period last year, despite restrictions on the allocation of gas and diesel fuel."