Energy security Archives

Despite the company’s production operations being halted for major overhaul, the imbalance of CO2 and natural gas feedstock, operational management, and production planning resulted in the company’s total 11-month (in its fiscal year April 2025-February 2026 production reaching approximately 954,000 tons .

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The implementation of this project is in line with Tabriz Petrochemical Company’s macro policies in the field of sustainable management of water resources and environmental protection.

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The CEO of EORC, while explaining the latest status of the RHU project, stated that the first phase of this project is expected to be operational by early mid-2027.

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Petroteam is also strongly active in the field of exporting technical and engineering services, and exporting equipment, parts, and services to neighboring countries, directly and indirectly.

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We are building an industrial park in Lenjan, Isfahan Province, on a 200-hectare land area, the final works of which are underway, and the main part of the work is the construction of all equipment for the oil, gas, refining, petrochemical and steel industries, which will begin next year.

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Given the current conditions of the methanol market inside and outside the country, the exact forecast of the domestic and export market share will be determined at the time of final operation, but given the domestic supply and demand situation, it seems that the main focus will be on exports.

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By operating the two polyethylene projects of Soroush and Negin Mahestan, 600,000 tons of products worth 660 million euros will be produced.

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In the 16th edition of the prestigious “Iran National Financial Management Award”, the Persian Gulf Howeizeh Gas Refining Company was awarded a certificate of appreciation.

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The inauguration of these projects, by increasing production capacity and product chain, preventing material waste, as well as saving and reducing energy consumption, has a direct impact.

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Dr. Seyyed Nourollah Mirashrafi, CEO of Tabriz Petrochemical Company, was honored with a plaque of appreciation and a statuette of this period.

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The signing of these memorandums at the 7th Domestic Manufacturing Exhibition for Oil, Gas, Petrochemicals, and Refining reflects Fanavaran Petrochemical’s serious determination to support national production, deepen domestic manufacturing, develop inter-sectoral interactions, and achieve the strategic goals of the country’s petrochemical industry.

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The CEO of EORC emphasized the necessity of constructive and continuous interaction between this company and the Ministry of Industry, Mine and Trade, and called for facilitation, transparency, and acceleration in processes related to the provision and allocation of foreign currency.

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