Getting to know Iran’s petrochemical companies; this is Kimia Pars Middle East
Kimia Pars Middle East Company, one of the important players in Iran's petrochemical industry, has achieved an influential position in recent years in the fields of foreign exchange earning, sustainable production, and development of global markets, relying on methanol production and 100% export of its products.
South Pars reaches operational self-sufficiency
South Pars announced that it will meet the majority of its operational needs by relying on domestic capacity and cooperation with knowledge-based companies; a path that has brought the complex to the threshold of industrial independence by localizing more than 15,000 components and creating a smart supply chain.
China’s oil imports from Iran increase after new quotas issued
China's independent refiners have increased their intake of Iranian crude oil after Beijing issued a new round of import quotas late last month.
Breaking News
A meeting and consultation between the Minister of Economy and the President of the OPEC Fund was held
The Minister of Economy and Finance met and discussed with the head of the OPEC Fund on the sidelines of the annual conference on challenges and opportunities facing emerging economies in Saudi Arabia.
Gasoline imports handed over to the private sector
Regarding the latest status of importing super gasoline by the private sector, the CEO of the National Petroleum Products Refining and Distribution Company said: "With the coordination made with the Ministry of Economy, it will soon be possible to issue licenses to the private sector."
9 capital projects approved in Karun oil and gas
The head of planning at Karun Oil and Gas Exploitation Company announced the approval of nine capital projects in the company, estimated at around one trillion tomans in 1403.
Bilateral cooperation agreement between the National Iranian Gas Company and the Ministry of Communications to solve the problem of energy imbalance
The Deputy Minister of Oil for Gas Affairs emphasized: For better management of energy resources, cooperation between the government, parliament, and the private sector can also help create effective solutions to solve energy imbalance problems.
Increasing consumption of refined products despite the upward trend in production over the past ten years
With the growth and development of domestic knowledge-based companies, 85 percent of the refining industry's equipment is now domestically manufactured, and in a refinery overhaul operation, up to 25,000 parts are sometimes replaced.
Preventing a decline in oil production in the oil-rich areas of the south
The CEO of Karun Oil and Gas Exploitation Company announced the company's successful implementation of hot tapping and branching operations on the wall of the gravity-fed reservoir for the first time in the southern oil-rich areas, preventing a daily reduction of 80,000 barrels of oil production.
73% of the country’s natural gas was consumed in the domestic sector
A spokesperson for the National Iranian Gas Company announced that 73 percent of the total natural gas delivered to the national network is consumed in the domestic, commercial, and small industrial sectors.
Increasing gas supply to power plants during cold days this year
The early onset of cold weather and the cold winter caused numerous records to be set in gas consumption in the domestic and commercial sectors, however, statistics show that gas delivery to power plants in the months of December, January, and February has been on the rise despite the increase in subscribers.
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.
A record of 106 million cubic meters of gas production was recorded in the country
Raw gas production exceeded 1,100 million cubic meters in the last days of February, and with the production of 1 billion and 106 million cubic meters of raw gas in one night, a new record was set in the country's gas production.
