Arghavangostar saves 20 million euros by relying on the knowledge-based company Rapco

The CEO of Arghavan Gostar Petrochemical Company of Ilam stated: "By relying on the engineering capabilities of Rapco Company, we managed to save more than 20 million euros in equipment purchase costs. This achievement shows the importance of trusting domestic knowledge-based companies and utilizing their capabilities."

Fajr Energy saves 2 million euros in foreign exchange by supporting domestic companies

Due to the severe fluctuations in the exchange rate in the country, Fajr Energy Persian Gulf Company managed to save more than two million euros in foreign exchange by prioritizing rial contracts with domestic suppliers.

An important step has been taken to launch the Urea Petrochemical Unit at Hengam

With continuous planning and round-the-clock efforts of Hengam Petrochemical's urea commissioning unit, the commissioning of the cooling water line began, and thus the pre-commissioning operation of the urea unit's ancillary services was successfully completed.

Breaking News

Minister of Economy and Finance:

Budget Bill 1403 is more realistic

The Minister of Economy and Finance said: The budget bill of 1403 is more realistic compared to the budget bill of 1402, and by the way, oil revenues have been seen more realistically in this bill.

Which cars’ gasoline subsidies will be cut off in Iran?

The head of the transportation fuel management headquarters said: the fuel quota of the fleet that does not have third-party insurance will be cut off after notification and if the insurance is not renewed.

The CEO of Hengam Petrochemical in an interview with "Energy Press":

Ammonia unit has reached 100% production capacity

The CEO of Hengam Petrochemicals said: Currently, the ammonia unit of Hengam Petrochemicals has reached 100% nominal capacity with a daily production of 20,000 tons. The company's urea unit will also be put into operation next year according to the schedule.

Member of the Parliament's Energy Commission in an interview with "Energy Press":

The government should save 1,280,000 barrels of fuel per day

The parliament has obliged the government to save 1 million 280 thousand barrels per day in optimizing fuel consumption.

2 billion dollar debt of the electricity industry

The Minister of Energy said: Today, the electricity industry of the country has a debt of about 2 billion dollars based on annual debts, which must be settled.

CEO of Iran National Oil Products Distribution Company:

Air pollution is caused by gasoline consumption

The CEO of the National Oil Products Distribution Company said: Air pollution has nothing to do with gasoline and is related to the amount consumed.

Jam Petrochemical Sales and Marketing Manager in an interview with "Energy Press":

Jam exports have decreased due to the smuggling of domestically supplied petrochemical products

This year, the exports of many petrochemical companies decreased to meet the needs of the domestic market, but many of these products have been exported from the foreign market.

The CEO of Ghadir Investment Company is still waiting for qualification approval

The CEO of Ghadir Holding, Mehdi Oburi, has been protested by the shareholders of this holding and her disqualification by the stock exchange organization.

Iran burns 230 million dollars to supply gasoline and diesel

Abbas Aliabadi, Minister of Industry, Mining and Trade, says that the electric car is no longer the car of the future, it is the car of today. We burn 230 million dollars daily to supply gasoline and diesel.

The significant role of oil in the country’s economic growth

According to the latest information announced by the Statistics Center, the oil and gas group achieved an economic growth of 25.6%, which, according to the oil minister, was due to the growth of investments in the oil industry. According to experts, changing the approach and redesigning Iran's energy trade has played a role in this matter and this path should continue.