Historic overhaul in Shazand, disruption in supply, and new hope for Sharak shareholders

Shazand Petrochemical Company will enter one of the largest overhauls in the last decade on June 7th; at the same time, disruptions in land transportation have challenged the complex's feedstock and affected production and sales; but perhaps the most promising news for shareholders is the reform of the feedstock pricing method starting in July.

Even with the shutdown of industries, domestic gas is running low!

An energy expert warned about a sharp decline in gas production in the country, emphasizing that without immediate investment of up to $70 billion in gas fields, Iran's gas production will drop to 500 million cubic meters per day within 3 to 5 years, while domestic consumption in the winter will reach 650 to 700 million cubic meters.

Kermanshah Petrochemical: From gas shortage to production surge; urea and ammonia hit record highs

Kermanshah Petrochemical started 2025 with a significant jump in production; the more than doubling of ammonia and urea production in the first two months of this year compared to the same period last year has put this complex on the path to establishing its position in the methane value chain.

Breaking News

Disclosure of Iran’s $26 million oil discount to China

A member of the Expediency Assessment Council said: A group with the name of circumventing sanctions says that we should not open the road, we built a side road and they take 1.3 million barrels of oil daily. We asked at what price do you sell? They offer a discount of 15 to 30 dollars per barrel and an average of 20 dollars per barrel.

Is the Japanese market waiting for Iranian oil?

As one of the largest energy importers, Japan imports more than 90% of its oil from the Persian Gulf. Therefore, Iran's political developments can pave the way for the return of Iranian oil to this market, which has a win-win result for both countries.

Sablan Petrochemical seeks to implement the Steamize Fler project to reduce pollutants

Sablan Petrochemical, the Steamize Fler project is an important and strategic measure to improve environmental performance and process safety.

17 million gas subscribers were eligible for savings bonus

The director of coordination of gas supply affairs of National Iran Gas Company announced that more than 17 million gas subscribers benefited from the savings bonus.

Dimensions and benefits of the Persian Gulf power grid connection project

The countries of the Persian Gulf are looking for the implementation of the network connection project between them to overcome the increase in electricity demand. Despite the operationalization of this plan, recently the countries of the region have faced a power cut, which questions its success and benefits.

Self-sufficiency in gasoline production even with low-quality gasoline

The low quality of Iran's gasoline has been disputed by domestic bodies for years. The Standard Organization, the Environmental Organization, and some private sector organizations have repeatedly questioned the low quality of produced gasoline, but the officials of the Ministry of Petroleum have denied these reports and even claim that Iran's gasoline is at par with European standards.

35% increase in food industry trade between Iran and Turkmenistan

The trade of food industries and agricultural products between the two countries of Iran and Turkmenistan in 2022 was about 39 million dollars, which reached 74 million dollars in 2023 with a growth of 35%.

The electricity of 30 high-consumption subscribers in Tehran was cut off

The electricity of 30 national and provincial offices in Tehran was cut off due to refusal to reduce electricity consumption.

Import details of solar power plant equipment

In a letter to the Director General of the Trade Development Organization, the Deputy Minister Samat announced that the import of solar power plant equipment from the currency obtained from his and others' exports is unimpeded.

Iran’s ambiguous gas contract with Russia

While the public opinion in Iran is focused on the 14th presidential elections, the current government signed a new agreement with the Russians, according to which Russia will be the exporter of gas to Iran. A contract that has been lost in the news frenzy.