Bandar Imam petrochemical exports grew by 35 percent

Bandar Imam Petrochemical Company has succeeded in exporting one million and 6 thousand tons of products to international markets in the first 9 months of 2024, which represents a 35% growth compared to the same period last year.

Rewards instead of fines: The solution to the gas imbalance crisis lies in people’s pockets!

An innovative pilot project in Yazd has shown that rewarding people for saving gas can achieve amazing results. Energy expert Hamed Sahebhonar believes that the project could be a model for the entire country and, with proper investment, generate billions of dollars in foreign exchange annually for the country.

Real-time monitoring of the supply chain and distribution of petroleum products is implemented

The CEO of the National Iranian Oil Engineering and Construction Company announced the implementation of the "Real-time Monitoring of the Supply Chain and Distribution of Petroleum Products" project and said: "By equipping the supply chain with metering and monitoring systems, online and accurate information from each stage will be transferred to the monitoring center, and this information will be utilized in identifying problems, predicting needs, and better managing resources."

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Reducing home heating appliances by one degree is also effective in eliminating imbalances

Emphasizing that our demand for people to save on gas and other energy carriers does not mean not consuming them, the Minister of Oil said: "If people reduce the temperature of their home heating systems by one degree, it will play an effective role in eliminating part of the gas imbalance in the country."

$300 billion in capital, Iran’s oil industry needs to revive

The heavy lock on the doors of Iran's oil industry to the world is weighing more heavily than ever on the life of this large and vital industry of the country.

‏Ghalibaf: 25 to 30 million liters of petroleum products are smuggled out of the country daily

The Speaker of the Islamic Consultative Assembly, Mohammad Baqer Qalibaf, emphasized the organized smuggling of petroleum products and the inefficiency in implementing the Seventh Development Plan, calling for national determination and serious measures to solve these problems.

Dimensions of the fuel smuggling crisis in Iran

The smuggling of millions of liters of diesel per day has caused numerous problems in the country, including blackouts and waste of government resources and subsidies.

We are trying to update the standards of the oil industry/We must achieve state-of-the-art technology

The head of the Process Engineering Group of the Technical Standards and Regulations Department of the General Directorate of the Technical, Executive and Evaluation System of the Engineering, Research and Technology Department of the Ministry of Oil said: "To become an energy hub in the region, we must achieve world-class technology so that we can compete with companies such as Aramco and Qatar Petroleum."

Armenia’s electricity exports to Iran increase

According to the decision of the Armenian government, the country's electricity export capacity to Iran will increase from 350 MW to 1,200 MW, which could also help Iran's electricity grid.

Iran halts gas exports to Iraq

The Iraqi Ministry of Electricity announced that the country has lost 5,500 megawatts of electricity following the cessation of Iranian gas exports to Iraq.

Experts’ opinion on resolving the gasoline imbalance in Iran

The most important challenges of energy imbalance, centered on "gasoline", were examined in a meeting of economic experts, and emphasis was placed on governance reform and infrastructure development and modernization.

Modernizing the public transportation fleet plays a major role in resolving the gasoline imbalance

A member of the presiding board of the Energy Commission of the Islamic Consultative Assembly pointed out the role of worn-out vehicles in the imbalance of gasoline and air pollution and said: "Now is the time to take a more serious look at the issue of diversifying the fuel basket, scrapping worn-out vehicles, introducing electric vehicles, and optimizing consumption."

Petrofarhang Holding’s commitment to enter downstream petrochemical industries

The CEO of the Farhangian Reserve Fund emphasized Petrofarhang Holding's efforts to enter the downstream petrochemical industries and other profitable fields.

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