Showy MoUs Have Grounded Iran LNG Project

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.

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Energy imbalance causes high prices

Energy imbalance causes high prices

Ebrahim Siyami, Director General of Future Research of the Ministry of Economy, said: "Energy imbalance will ultimately affect the cost of goods and cause an increase in prices."
The country’s dams are 46% full

The country’s dams are 46% full

According to the latest statistics on the state of the country's dams, from the beginning of the water year until now, 12 dams have more than 75% of water, and the country's dams are full of 46%.
Restrictions on the gas flow of Iran’s petrochemicals

Restrictions on the gas flow of Iran’s petrochemicals

Secretary General of the Iranian Petrochemical Industry Employers Association: Due to the cold weather, petrochemicals were completely restricted, and most of the petrochemicals that use methane gas are cut off. Last year, due to gas restrictions, we lost 700 million dollars in profit.