If the Strait of Hormuz is closed, who is the first victim?

If the Strait of Hormuz is closed, who is the first victim?

A member of the Majlis National Security Commission still threatened to close the Strait of Hormuz, while such a speech may seem attractive to the general audience, in fact deepest disregard for Iran's economic and geopolitical realities. The key question is if the Strait of Hormuz really closes, who is most damaged? The answer is clear, Iran itself. Even if the country's oil exports reach 6,000 barrels a day, there is still no other way than to cross the same strait.

From Qatar’s domination to Iran’s failure; The story of the failure of three projects of LNG

From Qatar’s domination to Iran’s failure; The story of the failure of three projects of LNG

While Qatar has become the world's liquefied natural gas export giant using the South Pars joint field and has earned more than $ 5 billion in the year, Iran has failed with three huge gas liquid projects. Iran LNG, Pars LNG and Persian LNG's projects, which were supposed to be Iran's entry into the world market, were under pressure from sanctions and the withdrawal of foreign companies into semi -finished structures in Assaluyeh; An unfinished dream that has taken the opportunity to consolidate Iran's position in the global energy industry.

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Gachsaran Oil and Gas pioneered in the production of oil industry equipment

Gachsaran Oil and Gas pioneered in the production of oil industry equipment

The CEO of Gachsaran Oil and Gas Company emphasized on the cooperation and empowerment of domestic companies in order to provide services to the operating companies and said: signing the contract for the supply of an electric motor and three pumps, carrying out corrective measures in two 8 and 10 inch lines and implementing 75 process amendments to improve and Production stability in oil, gas and liquefied gas facilities has been achieved in the first half of this year.
The serious challenge of gas pressure drop in South Pars

The serious challenge of gas pressure drop in South Pars

While forecasts show that the gas pressure drop in South Pars will reach its peak in less than two years, if the pressure boosting plan is implemented in South Pars, it will be 70 years of gas extraction from this field without any problems; A project whose financing is the biggest obstacle to its implementation.
From flare gas to digital currency; A way to break the barrier of Iran sanctions

From flare gas to digital currency; A way to break the barrier of Iran sanctions

Iran burns huge amounts of gas in flares every year, while this gas can become a powerful tool to circumvent sanctions. By converting flare gas into electricity and then extracting digital currency, it is possible not only to avoid wasting this valuable resource, but also to create a new way to sell oil and bypass sanctions.
The eye of the oil market to the Strait of Hormuz

The eye of the oil market to the Strait of Hormuz

The escalation of conflicts in the Middle East has increased concerns about the security of the Strait of Hormuz. Any disturbance in the flow of oil in this strait, considering its vital role in transferring 21 million barrels of oil daily to the world markets, will severely affect the prices.