Even with the shutdown of industries, domestic gas is running low!

Even with the shutdown of industries, domestic gas is running low!

An energy expert warned about a sharp decline in gas production in the country, emphasizing that without immediate investment of up to $70 billion in gas fields, Iran's gas production will drop to 500 million cubic meters per day within 3 to 5 years, while domestic consumption in the winter will reach 650 to 700 million cubic meters.

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Increasing petrochemical cooperation between Iran and Africa

Increasing petrochemical cooperation between Iran and Africa

The CEO of the National Petrochemical Industries Company said: "There is good potential for cooperation with African countries to develop relations in the petrochemical industry, and there is a possibility of expanding cooperation based on supplying feedstock from Iran."
Is there a power outage coming?

Is there a power outage coming?

Referring to the 8% increase in electricity consumption compared to last year and the restrictions on the use of hydroelectric power plants due to low rainfall this year, Tavanir Company announced: Electricity subscribers can be informed of their electricity restrictions schedule by entering their bill ID on the website of the distribution companies and the My Electricity System.
36% increase in power plant fuel deliveries

36% increase in power plant fuel deliveries

The CEO of the National Iranian Petroleum Products Distribution Company announced a 36% increase in the delivery of power plant fuel (oil, gas, and furnace oil) in the first 33 days of this year (April 1 to May 2) compared to the same period last year.
$6 billion oil guarantee fund launched

$6 billion oil guarantee fund launched

Oil Minister Mohsen Paknejad also unveiled a new tool called "PetroCrad," which for the first time allows for the attraction of small public funds through the capital market.