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
Chinese refineries are looking for Iranian oil
Despite the recent developments in the Middle East, which raised the concern of Asian buyers about the possibility of disruption of Middle East oil supply, independent Chinese refineries continued to buy Iranian oil.
The time for issuing a fuel card in Iran was reduced to 10 days
It was decided that by the middle of May, the process of issuing the fuel card will be completed in less than 10 days and the fuel card will reach the people.
2% snow reserves in Iran
The spokesperson of the water industry announced that the country's snow cover is about 2%, which is mainly located in Alborz, Middle Zagros and areas of the northwest of the country.
Fluctuation in the oil market with tension in the Strait of Hormuz
Ali Asghar Zargar said: If Iran decides to disrupt the movement of oil ships in the Strait of Hormuz, there is no doubt that it will affect the price of oil even in the short term.
Iran will import 4 billion dollars of gasoline in 2024
Examining the second part of the 2024 budget bill shows that the government's forecast of oil sales in 2024 is one million barrels per day.
50% of Iran’s electricity is solar
Iran is trying to provide half of the country's domestic electricity consumption through solar energy in a medium-term plan.
60% of the capacity of Iran’s dams were filled
Currently, despite the 30 billion and 80 million cubic meters of water stored in the dams of the country, 60% of the capacity of the reservoirs of the dams is full and 40% of this capacity is empty.
The record of production of stock petrochemicals in the past year;
Which petrochemicals have the most production in 2023?/ Isfahan, Pars and Ariasasol petrochemicals are at the top of the list of the most production
Isfahan, Pars and Ariasasol Petrochemicals have had the highest increase in production in 2023 among their peers.
Seizure of an Israeli oil tanker in the Strait of Hormuz
Israeli media claimed that an Israeli oil tanker was seized in the Strait of Hormuz.
Türkiye’s gas ambition in the form of “Turan” project
Turkey's role as a transit supplier of gas from Central Asia to Europe helps to strengthen the implementation of the Turan project.
