Bandar Imam becomes the giant of Iran’s petrochemical paper projects

Bandar Imam becomes the giant of Iran’s petrochemical paper projects

Bandar Imam Petrochemical, the beating heart of the downstream chain of Iran's petrochemical industry, is currently facing a $1.4 billion project; a project that, in relation to the company's 8 trillion tomans profit, has raised serious questions about the economic logic, financing method, and the silence of Persian Gulf Holding.

harvesting more than 51% of Iran’s oil reserves; The necessity of acceleration in the development of increased technologies

harvesting more than 51% of Iran’s oil reserves; The necessity of acceleration in the development of increased technologies

The Director of Research and Technology of the National Iranian Oil Company, announcing that more than 51% of the country's recoverable oil reserves have been harvested, emphasized: the countries of the region have moved with increasing speed towards the use of new technologies for increased harvesting, and Iran is bound to accelerate the development and localization of these technologies in order to protect the remaining reserves and sustainable production.

Breaking News

22% increase in domestic gas consumption

22% increase in domestic gas consumption

The Deputy Minister of Oil for Gas Affairs announced a 22 percent increase in gas consumption by the household, commercial, and non-consumer industries sectors compared to the same period last year, and said: "Gas consumption in this sector reached 547 million cubic meters per day on Saturday."
60% of power plant fuel is wasted

60% of power plant fuel is wasted

The secretary of the Electricity Industry Syndicate stated that the efficiency of the country's power plants in the best conditions is around 40 percent, adding: "In other words, 60 percent of the power plant fuel is wasted."
Water inflow to the country’s dams decreased by 12 percent

Water inflow to the country’s dams decreased by 12 percent

According to a report by the Iranian Water Resources Management Company, the inflow of the country's dams in the current water year is 2.76 billion cubic meters, which represents a 12 percent decrease compared to the inflow of 3.14 billion cubic meters last year.