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
852 million cubic meters of natural gas were delivered to the national grid
A spokesman for the National Iranian Gas Company announced the delivery of 852 million cubic meters of natural gas to the national network yesterday.
Billions in savings achieved in South Pars Gas Complex with domestic production
The CEO of the South Pars Gas Complex announced savings of 4 trillion rials as a result of the manufacturing of strategic parts and equipment by domestic companies.
Bloomberg: Iran’s oil sales to China have slowed
Successive rounds of sanctions against companies and tankers allegedly helping Tehran have finally slowed Iranian oil sales to China.
Iraq’s exemption from importing gas from Iran revoked; Baghdad searches for a new alternative
The cancellation of Iraq's exemption from importing gas from Iran and the end of Iraq's electricity sector's dependence on Tehran will provide a good opportunity for the GCC countries to participate in Iraq's energy sector.
Details of the $17 billion South Pars Pressure Boosting Project Contract
Today, the National Iranian Oil Company signed one of the largest contracts in the history of the oil industry with Petropars, Khatam al-Anbia Construction Headquarters, OIC, and MAPNA, worth approximately $17 billion.
Liquid fuel delivery to power plants increased by 6 billion liters
The CEO of the National Iranian Petroleum Products Distribution Company announced the total amount of liquid fuel delivered to the country's power plants since the beginning of the year at 20 billion 800 million liters, saying: "This amount has increased by 6 billion liters compared to the same period last year."
$780 billion in revenue through the implementation of the pressure-raising plan
The executive of the strategic plan for increasing pressure in the South Pars gas field, referring to the details of this huge and strategic project, said: "With the implementation of this plan, the field's recovery rate will increase from 54 percent to 75 percent and will have an economic value of $780 billion for the country."
Strengthening the friendship and rivalry between Tehran and Ankara
In recent years, Iran and Türkiye have been in serious competition to become a regional gas hub, and the Turkmenistan-Iran-Turkey project emphasizes this and increases cooperation between the two countries.
Will the plan to transfer fuel quotas from cards be implemented?
The plan to transfer gasoline quotas from fuel cards to bank accounts is one of the latest changes in fuel distribution policies in Iran, which was proposed to increase transparency, prevent smuggling, and improve fuel consumption management. This idea has been discussed several times in recent years, and finally, a contract for the pilot implementation of this plan was signed yesterday.
The country’s gas consumption increased to 644 million cubic meters
A spokesman for the National Iranian Gas Company announced a 6 percent increase in the country's gas consumption in the domestic, commercial, and small industrial sectors yesterday compared to the same period last year.
