Supply
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Money Supply Jumps 40%
EghtesadOnline: Data released by the Central Bank of Iran show broad money supply increased to 40,680 trillion rials ($150 billion) to Sep.22.
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Supply-Oriented Policies Cannot Help Resolve Iran’s Water Crisis
EghtesadOnline: Developing infrastructures to divert water from locations where it is abundant to locations facing a shortage is an unsustainable supply-oriented management policy and can do…
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Kurdestan Province’s Rural Gas Supply Near Completion
EghtesadOnline: All urban population and 96% of rural regions in Kurdestan Province are linked to the natural gas grid, managing director of the provincial gas company said.
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Oil Prices Drop, But Steep Gain Expected
EghtesadOnline: Oil prices dropped on Friday but remained on track to post steep weekly gains with demand growing faster than supply, while vaccinations are expected to alleviate the impact of…
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Steelmakers Ordered to Cut Power Use by 10%
EghtesadOnline: Iran Power Generation, Distribution and Transmission Company (Tavanir) has ordered steel and cement production factories to reduce electricity consumption by 10%, otherwise their…
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Oil Prices Rise as Stockpiles Decrease, Supply Tightens
EghtesadOnline: Oil prices on Wednesday extended the previous day's small gains after an industry report showed US crude stockpiles fell last week, overriding trader and investor concerns about…
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No Concern Over Livestock Feed Supply
EghtesadOnline: Livestock feed stored in Iran’s ports of entry are sufficient to meet the needs of the production sector for the next three months, according to the CEO of State Livestock Affairs…
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Oil Extends Rally on Supply Disruptions
EghtesadOnline: Oil prices advanced further on Wednesday, underpinned by major supply disruption in the south of the United States this week caused by a winter storm in Texas.
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Third Subsidy Grant Program Rejected
EghtesadOnline: The Guardians Council–a watchdog that ensures laws are in line with the Constitution and Sharia–rejected on Saturday the Iranian Parliament’s so-called “supply of essential goods…
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Iran Gov’t to Continue Supply of Subsidized Essential Goods
EghtesadOnline: The government plans to continue subsidizing essential goods in the next fiscal year (March 2021-22).
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Abfa Says Cannot Meet Rising Costs
EghtesadOnline: The widening gap between what consumers pay and the final cost of water treatment and supply has pushed the state-owned Tehran Province Water and Wastewater Company (Abfa) into…
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Bandar Abbas Power Plant Lacks Sufficient Gas Supply
EghtesadOnline: While most power plants in Iran use gas to generate electricity, Bandar Abbas Thermal Power Station is among the few still using mazut as the main feedstock and is a major source…
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Brent at Five-Month High on UAE Supply Cuts, China Data
EghtesadOnline: Oil rose on Monday, with Brent touching the highest in five months, underpinned by a 30% cut in Abu Dhabi crude supplies and encouraging Chinese data even as global demand struggles…
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Small-Scale Power Station in Taft
EghtesadOnline: To help stabilize power supply in the desert Yazd Province, a small-scale power plant with distributed generation system came online in Taft County, the head of small scale power…
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Oil Prices Gain With OPEC+ Holding the Line on Supply Cuts
EghtesadOnline: Oil prices rose more than 1% on Friday, adding to gains in the previous session, after OPEC producers and allies promised to meet commitments on cutting supply and two major oil…
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Output of OSGs Up 21%
EghtesadOnline: To assist power supply during the hot summer, production of distributed generation (DG) power plants has increased 21% compared to last year.
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Iraq Activating Iran Payment Mechanism
EghtesadOnline: Iran and Iraq will invoke past agreements to expedite settlement of Iraqi arrears using a trading mechanism designed to supply basic goods to Iran.
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Central Bank of Iran Revisits Supply of Money
EghtesadOnline: The Central Bank of Iran said in a report that broad money supply reached 24,721.5 trillion rials ($137 billion) when the fiscal year ended in the third week of March.
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Oil and Derivatives Supply Infrastructure Expanding
EghtesadOnline: Crude oil and byproducts supply chain has expanded by 512 kilometers in the last 12 months.
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Export Restrictions Lead to Drop in Domestic Date Prices
EghtesadOnline: A total of 1.22 million tons of dates were produced in the last Iranian year that ended on March 19, 2020, of which 200,000-220,000 tons have been stored for supply during the…
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Iran Gov’t Insists on Building Dams
EghtesadOnline: In the past dams were built with the aim of ensuring irrigation, power generation and supplying potable water. But now the attitude towards mega-dams has changed significantly,…
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Money Supply Skyrocketing
EghtesadOnline: Liquidity in Iran crossed 22,623 trillion rials ($165 billion, calculated as per 137,000 rials to a dollar) at the end of the third Iranian quarter (Dec 21), the Central Bank…
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Nationwide Oil, Derivatives Supply at 100 Billion Liters
EghtesadOnline: The Iranian Oil Pipeline and Telecommunication Company has supplied close to 100 billion liters of crude and petroleum products nationwide since March 2019, managing director…
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Iranian Refineries Prepare for Supplying IMO-Compliant Shipping Fuel
EghtesadOnline: To help improve the quality of low-sulphur fuels and its compliance with the International Maritime Organization’s new rules (sulphur content no more than 0.5%) took effect on…
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Gas Supplies in Iran at Record Highs
EghtesadOnline: Natural gas supply has increased by 75 million cubic meters a day since Nov 2019, dispatching director of the National Iranian Gas Company said.
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Gas Supply to Industries, Petrochem Plants, Power Sectors Hits a Wall
EghtesadOnline: The sharp rise in household gas consumption due to the cold weather has resulted in cutting gas supply to other sectors, including cement factories and power plants. In the past…
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Gas Delivery to Power Plants Cut by Half
EghtesadOnline: Natural gas delivery to thermal power plants has halved with the aim of sustaining and stabilizing natural gas supply to households in the winter season, director for technical…
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Oman Sea Water Supply to 3 Provinces From February
EghtesadOnline: The plan to supply water from the Oman Sea in south Iran to three eastern provinces will begin in February, deputy director of Khorasan Razavi Regional Water Company said.
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Rural Water Supply Remains Energy Ministry Priority
EghtesadOnline: The Energy Ministry can withdraw $280 million from the National Development Fund of Iran, the country's sovereign wealth fund, to finish incomplete water and power projects, the…
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Local Catalyst Producers Supply Petrochem Sector
EghtesadOnline: Petrochemical plants and oil refineries use $400 million worth of catalysts a year, the majority of which is produced locally, managing director of the National Petrochemical…