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.
Iran’s electricity is caught in false pricing; power plants don’t even cover their maintenance costs
The CEO of Jamco said: "The electricity economy in Iran is paralyzed; power plants are not even making ends meet for their repairs, let alone building new ones." He warned that incorrect electricity pricing has caused investors to flee the sector and that the electricity imbalance is deepening every year.
Breaking News
Oil production increased in Arvandan
Where has the Tehran Refinery gasoline production project reached?
Abadan Refinery Phase 2 Sulfur Solidification Unit Put into Operation
Oil Minister: We will announce the increase in pressure in the South Pars gas field by the end of this year
Increase of 3 million cubic meters of gas supply to power plants
The implementation process of national oil and gas transportation industry plans in the Khuzestan region
Reasons for the failure of maximum pressure on Iranian oil
Diversification in the downstream of propylene is needed by the country
Preparation for supplying winter fuel to the northern provinces of the country
