• Clean and sustainable energy is vital to a robust future for our people and the environment
  • Clean and sustainable energy is vital to a robust future for our people and the environment
  • Clean and sustainable energy is vital to a robust future for our people and the environment

TEHRAN, Jan. 08 (Shana) – Iran has stabilized its crude oil production from South Yaran oilfield at 10,000 barrels per day, operator of the field's development project said

Homayoun Kazemeini said production from the field, which Iran shares with neighboring Iraq, began in late December, adding the 6 productive wells at...

TEHRAN, Jan. 09 (Shana) – Iranian President Hassan Rouhani issued an order regarding mobilization of all the national forces to accelerate search operation for finding the missing crew of the stricken Iranian oil tanker

The president issued the instruction in a meeting with Iranian Minister of Petroleum Bijan Zangeneh, Minister of Foreign Affairs Mohammad Javad Zarif...

World Oil:Iran says OPEC doesn't like oil over $60 as it nears $70

DUBAI (Bloomberg) -- A key OPEC minister has warned that the group risks overheating the oil market as crude prices head toward $70/bbl. “Members...
Under Study Projects

1- Project for the production of natural gas from Parsian 1 and 2 gas refineries

Description/ Volume




Creation of added value in produced gas


Topic of Activity

Ethane Propane Butane condensate





3.3 m


Nominal production capacity




Direct employment




Construction period




Technology Provider (E / M)



Achieved (%)






Million dollar

The amount of investment



2- Polyacetal production plan with a capacity of 30,000 tons per year

product introduction

Polyacetal is a methanol downstream product, and it is a type of thermoplastic polymer that has many applications in various industries. Polyacetal resins have very good mechanical properties, so that some of the mechanical properties of this polymer are comparable to those of metals such as steel.

 Product applications

  The most important Polyacetal applications are shown in the following diagram.

-  Automobile manufacturing industry

 - Electrical components and household appliances

 - Consuming goods


This year, the following will be followed up:

1-     Hiring consultant of the plan

2-     Selecting and finalizing the land acquisition contract based on the requirements of the project in special economic zone of Mahshahr.

3-     Obtaining the necessary permits for the project, including the permit to establish, the permit for water, electricity and gas, and environmental permit.

4-     Finalizing financial resources for the project, both domestic and foreign.

5-     Acquiring project license

6-     Holding a tender and start of unit construction

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