Showy MoUs Have Grounded Iran LNG Project

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.

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Increasing the production of thermal power plants to 140 million megawatts

Increasing the production of thermal power plants to 140 million megawatts

Director General of the Technical Office of Production of Thermal Power Company, pointing out that the daily production of thermal power plants has crossed the border of 1.1 million megawatt hours of energy, said: the electricity production of these units has grown by two percent compared to the same period of last year to 140 since the beginning of the year. million megawatt hours has been reached.
Sabalan petrochemical production increases by 110 thousand tons annually

Sabalan petrochemical production increases by 110 thousand tons annually

The CEO of Sablan Petrochemical Industries, referring to the implementation of the plan to inject carbon dioxide into the methanol synthesis reactor of the factory with the ART reactor, said: it is estimated that with the implementation of this plan, the company's methanol production will increase by 110,000 tons annually, which will generate an income of 25 to 26 million dollars along with Will have.
Iran sanctions waiting for Venezuela?

Iran sanctions waiting for Venezuela?

Venezuela, having the world's largest proven oil reserves, is under US sanctions, resulting in difficult economic conditions. Of course, since last year, the Biden government reduced some of these oil sanctions on the condition of holding free elections. Now and after the recent events, there is a possibility that the Biden administration, fearing the increase in oil prices, instead of sanctioning this sector, will resort to sanctions similar to Iran, i.e. individuals and governmental institutions.