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.

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Reducing home heating appliances by one degree is also effective in eliminating imbalances

Emphasizing that our demand for people to save on gas and other energy carriers does not mean not consuming them, the Minister of Oil said: "If people reduce the temperature of their home heating systems by one degree, it will play an effective role in eliminating part of the gas imbalance in the country."

$300 billion in capital, Iran’s oil industry needs to revive

The heavy lock on the doors of Iran's oil industry to the world is weighing more heavily than ever on the life of this large and vital industry of the country.

‏Ghalibaf: 25 to 30 million liters of petroleum products are smuggled out of the country daily

The Speaker of the Islamic Consultative Assembly, Mohammad Baqer Qalibaf, emphasized the organized smuggling of petroleum products and the inefficiency in implementing the Seventh Development Plan, calling for national determination and serious measures to solve these problems.

Dimensions of the fuel smuggling crisis in Iran

The smuggling of millions of liters of diesel per day has caused numerous problems in the country, including blackouts and waste of government resources and subsidies.

We are trying to update the standards of the oil industry/We must achieve state-of-the-art technology

The head of the Process Engineering Group of the Technical Standards and Regulations Department of the General Directorate of the Technical, Executive and Evaluation System of the Engineering, Research and Technology Department of the Ministry of Oil said: "To become an energy hub in the region, we must achieve world-class technology so that we can compete with companies such as Aramco and Qatar Petroleum."

Armenia’s electricity exports to Iran increase

According to the decision of the Armenian government, the country's electricity export capacity to Iran will increase from 350 MW to 1,200 MW, which could also help Iran's electricity grid.

Iran halts gas exports to Iraq

The Iraqi Ministry of Electricity announced that the country has lost 5,500 megawatts of electricity following the cessation of Iranian gas exports to Iraq.

Experts’ opinion on resolving the gasoline imbalance in Iran

The most important challenges of energy imbalance, centered on "gasoline", were examined in a meeting of economic experts, and emphasis was placed on governance reform and infrastructure development and modernization.

Modernizing the public transportation fleet plays a major role in resolving the gasoline imbalance

A member of the presiding board of the Energy Commission of the Islamic Consultative Assembly pointed out the role of worn-out vehicles in the imbalance of gasoline and air pollution and said: "Now is the time to take a more serious look at the issue of diversifying the fuel basket, scrapping worn-out vehicles, introducing electric vehicles, and optimizing consumption."

Petrofarhang Holding’s commitment to enter downstream petrochemical industries

The CEO of the Farhangian Reserve Fund emphasized Petrofarhang Holding's efforts to enter the downstream petrochemical industries and other profitable fields.

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