EghtesadOnline: Over 68,000 standard parallel Salaf (forward) securities for fuel oil (mazut) worth 4 trillion rials ($26.8 million) was offered Monday by the National Iranian Oil Company on the Derivative Market of Iran Energy Exchange.
EghtesadOnline: The National Iranian Oil Company generated $8.6 billion from selling five petroleum products namely gasoline, diesel, mazut, kerosene and liquefied gas in the fiscal 2017-18, Fars news agency said as quoted by the Supreme Audit Court of Iran.
EghtesadOnline: More than 90% of power stations in Iran are running on natural gas as feedstock and concerted efforts are being made to stop using fuels like mazut to generate power by the end of the current fiscal year that ends in March 2018, the managing director of Iran Power Generation, Distribution and Transmission Company, or Tavanir, said.
EghtesadOnline: Esfahan Oil Refinery Company’s collaboration with South Korea’s Daelim Corporation on optimizing the facility's processes will result in the production of about 8.5 million barrels of gasoline per day and lower mazut output to less than 10% of its total output, managing director of the National Iranian Oil Engineering and Construction Company said on Saturday.
EghtesadOnline: Director of National Iranian Oil Company (NIOC) for International Affairs Mohsen Qamsari said that Iran exports 1.500 million tons of mazut monthly.