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
The National Iranian Oil Company must deposit the oil revenues to the central bank account
The Supreme Supervisory Board of the Expediency Council required the National Iranian Oil Company to deposit the revenues from oil exports to the foreign currency account of the Central Bank.
One fifth of Iran’s domestic gas consumption belongs to Tehran and Alborz
The head of the country's gas management center said: Gas consumption in the domestic, commercial and non-major industries sectors reached 612 million cubic meters in the last 24 hours.
Iran’s oil exports increase to 30 billion dollars
The head of customs announced the export of 30 billion dollars worth of oil during 10 months of this year and said: The specialized customs office for petroleum products was opened in Qazvin province, which will provide great benefits and facilities for the province.
How will Iran’s new gasoline decisions affect CNG consumption?
The chairman of the board of directors of the country's CNG trade association said: "Now we have to do two things, one is to prevent the country's current dual-fuel cars from abandoning the use of CNG, although the biggest problem in this regard is the challenges of changing tanks."
CEO of Iran's National Petroleum Refining and Distribution Company:
We can achieve daily production of 130 million liters of gasoline in the country
CEO of Iran's National Oil Products Refining and Distribution Company said: By building new refineries and improving the quality of existing refineries and taking necessary measures to optimize energy consumption and implementing development plans in refining companies, we can achieve daily production of 130 million liters of gasoline in the country.
Tehran reacted to the joint statement issued by Saudi Arabia and Kuwait about Arash field
The spokesperson of the Ministry of Foreign Affairs reacted to the joint statement issued by Saudi Arabia and Kuwait about Arash Square and the subsequent visit of the Emir of Kuwait to Riyadh.
The Leader of the Islamic Revolution of Iran visited the domestic production capabilities exhibition
The Leader of the Islamic Revolution of Iran visited the domestic production capabilities exhibition The Supreme Leader of the Islamic Revolution visited the domestic production capabilities exhibition this morning, focusing on knowledge-based companies and the production supply chain.
Iran’s oil exports increase to 30 billion dollars
In the 10 months of this year, 29.9 billion dollars of oil was exported, which has registered a 10% increase in terms of value compared to the same period last year.
Worn-out cars are the cause of Iran’s gasoline shortage
An expert in the field of energy stated that the fuel consumption of cars produced in the country is twice the world standard and one of the reasons for the scarcity of gasoline, and said: By implementing some policies and producing standard cars, Iran can become a gasoline exporter again.
The oil minister announced:
Iran’s gas production increased by 30 million cubic meters
Stating that 851 million cubic meters of gas were injected into the country's national network today, the oil minister said: This figure was unprecedented and is considered a record in this field.
