EghtesadOnline: The NGL 3200 project was carried out by NIOC using the capabilities of domestic contractors and an investment of $1.5 billion by the Persian Gulf Petrochemical Industries Company.
EghtesadOnline: At the country level, the annualized inflation in the month ending Jan. 20 stood at a new high of 47.7%. Only in the fiscal 1995-96 and 1996-97 did Iran experience inflation rates above the current level.
EghtesadOnline: A total of 4.09 million tons of goods worth $669.88 million were exported from Khuzestan Province’s customs terminals to Iraq in the first 10 months of the current Iranian year (March 21, 2022-Jan. 20), registering a 4% and 13% year-on-year decline in terms of weight and value, respectively, according to Behrouz Qarebeygi, a local official.
EghtesadOnline: A total of 11.38 million tons of goods (excluding crude oil) worth $4.7 billion were exported from the southwestern Khuzestan Province during the first eight months of the current Iranian year (March 21-Nov. 21), registering an 8% and 12% rise in terms of weight and value respectively compared with the corresponding period of last year, according to Behrouz Qareh-Beigi, a local official.
EghtesadOnline: Karkheh and Dez dams in Khuzestan Province, which overflowed two years ago due to torrential and unprecedented rainfall, are now about half empty and considering the sizzling summer temperatures in the southwestern province and high water consumption, the two dams may have difficulty supplying water for drinking, agriculture and power generation purposes.
EghtesadOnline: The first phase of the project to collect associated petroleum gas from the Maroun 3 Oilfield in Khuzestan Province is operational now and its second phase as well as the project to collect APG from Maroun 6 Oilfield in the southwestern province will be launched later this month, managing director of Maroun Oil and Gas Production Company said.
EghtesadOnline: Interior Minister Abdolreza Rahmani Fazli has declared a state of emergency in the western province of Khuzestan on Tuesday evening and asked the public to refrain from travelling to the coronavirus-stricken region.
EghtesadOnline: Cargo handling procedures in Imam Khomeini Port in the southern Khuzestan Province are applied in compliance with health guidelines, following the lockdown implemented in the port due to the outbreak of the more-contagious UK variant of Covid-19.
EghtesadOnline: The $3.4 billion Persian Gulf Bidboland gas refinery was inaugurated Thursday in Khuzestan Province to trap associated gas from crude oil production instead of flaring, the managing director said.
EghtesadOnline: More than $1.26 billion worth of goods have been exported from Arvand Free Trade Zone in the southern Khuzestan Province since the beginning of the current Iranian year on March 20, 2020.