The collapse of industry, the rise of oil; how did Iran’s economy get caught in a vicious cycle?
Nili warns that if no solutions are found, large industrial enterprises will also shrink within the next 10 years.
Blending methanol with gasoline is a better alternative than converting it
The CEO of Zagros Petrochemical Company did not consider the plan to convert methanol into gasoline to be cost-effective under current economic and technical conditions.
Declining demand for gasoline has cast doubt on the future of the methanol-to-gasoline conversion project
The CEO of Shastan Commercial Investment Company believes that the plan to convert methanol into gasoline is a risky investment in the current circumstances and given global developments.
Breaking News
The leadership of Iranol oil in the sale of lubricants; Reduction of Sepahan oil production
Reviewing the monthly activity reports of stock market lubricants shows that the total income of this industry in May has increased by more than 40% compared to the two months of April 2024 and May 2023, which indicates the good condition of this industry.
Issuance of approval in principle for Aria Petrochemical Polyacetal project
The Ministry of Oil issued the approval in principle for the Polyacetal production plan of Aria Petrochemical Company in Chabahar Free Zone.
The role of Chabahar port in Iran’s energy trade
An international economic expert said: India will meet part of its energy needs in addition to the UAE and Qatar; It supplies from Iran because it has high consumption and needs many resources, and considering the geographical location of Iran, our country plays an important role in meeting the needs of this country, including energy, and can be a bridge for India to reach Eurasia.
The solution of the Iranian government to supply the gasoline deficit; Clearing of petroleum products
Regarding fuel rate reform, Manzoor said: The government has tried to increase the resources from oil exports through energy saving measures.
Spokesperson of Iran's water industry:
We will not pass on Hirmand’s water rights in any way/ we have changed our strategy in water supply
Referring to the opening of the sustainable drinking and sanitary water supply plan of Sistan and Baluchistan province, Bozorzadeh, the spokesperson of the water industry, said: "Three plans have been developed for this issue, but this does not mean that we will ignore Hirmand's water rights."
During Raeisi’s trip to Tabriz, the oil pipeline from Tabriz to Urmia was supposed to be inaugurated
Oil Minister Javad Oji said: By the end of the year, 1,000 kilometers of pipelines will be used to transport oil products from refineries to consumption centers.
The largest solar power plant in Khuzestan was built by Bidboland Persian Gulf
This power plant is being built as the first solar power plant in the Persian Gulf Petrochemical Industries Group by the Fars Gulf Bidboland Gas Refining Company in order to protect the environment and protect national resources.
Pars petrochemical export record
From December 2023 until now, Pars Petrochemical has been able to place its production and sales figures in an upward trajectory, which has broken the record of the company's export sales volume.
Gas discharge towers are set up in Tehran
The CEO of Tehran Province Gas said: Gas discharge towers will be built in the capital's regions with the cooperation of Tehran Municipality and Tehran Province Gas Administration.
Natural gas consumption in different sectors of Iran’s economy
About 72% of Iran's energy is provided by natural gas, and all parts of the country, from the household sector to the power plant sector, are all highly dependent on natural gas.
