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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Gas outage reduces petrochemical exports by $1.3 billion

Gas outage reduces petrochemical exports by $1.3 billion

Referring to the gas outages of some petrochemical companies, the Secretary General of the National Petrochemical Industries Employers Association said: "Unfortunately, this issue has put pressure on production and we predict that our exports will decrease by at least $1 to $1.3 billion compared to last year." Recently, the CEO of the National Petrochemical Company announced that the Central Bank has allowed 50 percent of the foreign exchange earned from the export of petrochemical products to be invested in the petrochemical companies themselves.
Tehran’s dams’ water reserves are only 20 percent

Tehran’s dams’ water reserves are only 20 percent

Emphasizing that water is a cross-sectoral issue, the water industry spokesperson said: "The Ministry of Energy alone cannot solve its problems, and other agencies must solve water problems by improving the development model."
Shiraz Petrochemical Gas Cut Off

Shiraz Petrochemical Gas Cut Off

Shiraz Petrochemical Company announced: Production halt in all production units due to the announcement of restrictions on gas consumption by the Fars Province Gas Company.
Supplying 25% of saline gas to the Central Regions Oil Company

Supplying 25% of saline gas to the Central Regions Oil Company

The head of production management at the Central Iranian Oil Company, pointing out that more than 25 percent of the country's gas needs are produced by this company, said: "The average daily gas production of the Central Iranian Oil Company in the first seven months of 1403 was about 163.5 million cubic meters per day, which indicates that the company's gas production goals have been achieved by 122 percent."
Iran’s natural gas production increases despite continued sanctions

Iran’s natural gas production increases despite continued sanctions

The Minister of Oil, pointing out that despite the cruel and unilateral sanctions imposed by the US government over the past few years, Iran's natural gas production has increased to 275 billion cubic meters per year, said: "Territorial tensions and threats not only affect regional stability, but also pose significant risks to global energy security."
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