Showy MoUs Have Grounded Iran LNG Project

The Iran LNG project, which began in the 1980s with the aim of making Iran a major player in the global liquefied natural gas market, is now facing numerous technical and economic challenges. Despite the signing of a new memorandum of understanding between the Iranian Natural Gas Liquefaction Company and the Petroleum Industries Engineering and Construction Company, experts believe that without cooperation with Western companies, the implementation of the project will be impossible.

Iranian shipping giant brought to its knees; Asadollah Imamjuma and his son placed on US blacklist

The Trump administration has sanctioned the Iranian shipping giant in new, draconian sanctions against Iran's oil and gas sales.

Energy self-sufficiency in the petrochemical industry; Persian Gulf Holding’s multi-billion dollar step in developing solar power plants

Persian Gulf Holding, with its massive $2 billion plan to build a 5,000-megawatt solar power plant, is seeking self-sufficiency in energy supply and reducing dependence and pressure on the national grid.

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How does Iran bypass oil sanctions?

Iran is one of the countries that was subjected to the most cruel sanctions by the countries of the world. But according to NDTV, the restrictions imposed by the United States have largely failed to prevent the export of Iranian oil, which is considered one of the main pillars of Tehran's economy.

Gasoline imbalance adjustment using CNG fuel

The secretary of the country's CNG Association believes that currently the most correct and available solution to adjusting gasoline imbalance is the use of CNG fuel.

Fixing the electricity imbalance requires 25 billion dollars of investment

The Secretary of the Electricity Industry Syndicate said: We must spend 20 to 25 billion dollars in the electricity industry in the next 4 years to have 130,000 megawatts of power plant capacity and leave today's imbalance behind.

The start of the construction of the Khuzestan 180,000 barrel refinery

Maulavi, the representative of Abadan people in the Islamic Council, announced the order of the chairman of the energy committee of the parliament to implement the construction of the 180,000 barrel refinery in Khuzestan (the second Abadan refinery).

Fossil fuel power plants will be phased out in the next 3 years

Amidpour, head of the Niro Research Institute, said: Our assessment is that in the next 2 to 3 years, the construction of fossil power plants will not be justified in the world.

The losses suffered by petrochemicals due to power outages

The Secretary General of the Petrochemical Industry Employers Association says that petrochemical industries have suffered 10-15% losses from power outages.

Iran’s position in the LNG business will change?

The Secretary General of the Oil Export Federation stated: Iran is the second holder of gas reserves in the world, the third producer and the fourth consumer of natural gas in the world, it seems that in the current situation, it can diversify the consumption portfolio and eliminate the imbalance of part of the global gas market by optimizing gas consumption. and strengthen its role in the world energy market.

New buyers of Iranian oil

Citing shipping sources and data, Reuters claimed in a report that Iran has found new buyers for its crude oil and that the country's oil shipments have been sent to Oman and Bangladesh.

An increase of 7000 megawatts in the country’s electricity consumption on Friday

The spokesperson of the electricity industry announced: The country's electricity consumption showed an increase of 7,000 megawatts compared to the same period last year, which is a large number for a Friday and a holiday.

A heavy fine is waiting for customers who consume a lot of electricity

One of the plans of the Ministry of Energy to manage electricity consumption is to encourage customers who consume well and fine those who consume a lot, and as announced, if the customers are not sensitive to consumption and are in the group of customers who consume a lot, they should expect heavy bills.