Showy MoUs Have Grounded Iran LNG Project

Showy MoUs Have Grounded Iran LNG Project

The Iran LNG project, which began in the 1980s with the aim of making Iran a major player in the global liquefied natural gas market, is now facing numerous technical and economic challenges. Despite the signing of a new memorandum of understanding between the Iranian Natural Gas Liquefaction Company and the Petroleum Industries Engineering and Construction Company, experts believe that without cooperation with Western companies, the implementation of the project will be impossible.

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Iran’s electricity consumption increased by 10%

Iran’s electricity consumption increased by 10%

The Director General of Energy Affairs and Customers of the Electricity Industry said: Last week, electricity consumption reached 70,550 megawatts, which shows a huge growth compared to the same period last year.
The lifting of sanctions on Venezuela threatens oil projects with Iran

The lifting of sanctions on Venezuela threatens oil projects with Iran

One year after the Iran-Venezuela cooperation agreement for the development of the country's oil and petrochemical industry, due to the change in Venezuela's political positions and the country's proximity to the United States, the possibility of the loss of cooperation between the two countries, especially in the field of oil and gas, has been strengthened.
How much CNG gas is consumed daily in Iran?

How much CNG gas is consumed daily in Iran?

A member of the Board of Directors of the CNG trade association said: On average, the daily sale of CNG is about 20 million cubic meters, which sometimes goes up to about 24 million cubic meters, which is equivalent to 20 million liters of gasoline.