Showy MoUs Have Grounded Iran LNG Project

The Iran LNG project, which began in the 1980s with the aim of making Iran a major player in the global liquefied natural gas market, is now facing numerous technical and economic challenges. Despite the signing of a new memorandum of understanding between the Iranian Natural Gas Liquefaction Company and the Petroleum Industries Engineering and Construction Company, experts believe that without cooperation with Western companies, the implementation of the project will be impossible.

Iranian shipping giant brought to its knees; Asadollah Imamjuma and his son placed on US blacklist

The Trump administration has sanctioned the Iranian shipping giant in new, draconian sanctions against Iran's oil and gas sales.

Energy self-sufficiency in the petrochemical industry; Persian Gulf Holding’s multi-billion dollar step in developing solar power plants

Persian Gulf Holding, with its massive $2 billion plan to build a 5,000-megawatt solar power plant, is seeking self-sufficiency in energy supply and reducing dependence and pressure on the national grid.

Breaking News

Significant growth of electricity transactions in the Iran Energy Exchange

The CEO of Tovanir Company said: The trading volume of electricity distribution companies had a stormy start in the second week and reached $1,140,000 with a significant growth compared to the first week of trading.

Pakistan wants Iranian gas

The recent visit of the President of Iran to Pakistan focused on the large gas pipeline contract between the two neighboring countries, which has been delayed due to various reasons.

The electricity bills of heavy consumers in Iran will increase 24 times

The general manager of energy and customer affairs of Tavanir company associated the use of air conditioners in normal areas with a 3-fold increase in consumption and a 24-fold increase in household electricity bills.

China; The main winner of Iran and Russia oil sanctions

By bypassing the western financial system and shipping services, China has created a way to import Iranian oil. Independent Chinese refineries buy 90% of Iran's total oil exports. This strategy allows China to avoid having its major international banks placed on the US financial sanctions list.

But and if Iran’s gas transfer to India

The former managing director of Iran's National Gas Export Company said: In order to implement the gas pipeline to India, considering that we have to pass through the deep ocean routes; There are very few ships that can operate these pipelines on the seabed, and the embargo is a major obstacle to using their services.

International Monetary Fund’s report on the oil growth of Iran’s economy

The International Monetary Fund announced a 15% growth in the oil sector of Iran's economy last year and predicted that Iran's available foreign exchange reserves will reach 31.3 billion dollars in 2024 with an increase of about 6 billion dollars compared to the previous year.

Iran’s electricity export to Europe through Türkiye

The CEO of Tovanir Company announced the possibility of Iran's electricity export to Europe through Turkey with the participation of private sector companies active in the regional electricity markets in the normal 8 months of the year.

The seizure of the oil ministry building in London, the latest episode of wrong policies

Perhaps it can be said that the Crescent case is the price of an undeveloped political structure. Wrong policies and lack of attention to the international cooperation in trade caused the export opportunity to turn into a legal dispute, which in the end had no result except huge costs.

development road project; From bypassing Iran to China’s oil interests

According to the exclusive report of Energy Press, this week, in a ceremony attended by the President of Turkey and the Prime Minister of Iraq, a four-way memorandum of understanding between Iraq, Turkey, Qatar and the UAE was signed for cooperation in the development road project. The development road project, which was announced at the

Tehran’s water crisis continues

A responsible official said: The rainfall in Tehran is 40% negative compared to normal, despite the fact that we are in a rainy season, but the rainfall has not compensated for the lack of water in Tehran.