The country’s loss of 7 cents per cubic meter of gas delivered to petrochemicals/methanol plants turns gold into copper.

According to the economic correspondent of Fars News Agency, with the cold weather and the increase in gas consumption in the domestic and commercial sector, we are witnessing restrictions in supplying gas to petrochemical plants in the country.

According to the SolutiEn Energy Consulting Institute, from an economic point of view and without considering other dimensions, in the last 10 years, the export of natural gas generated an average of 28.7 cents per cubic meter and the export of methanol equaled 29.9 cents.

As a result, taking into account the costs of building and operating methanol units, the income from exporting 1 cubic meter of methanol was about 6.8 cents less than that of natural gas (picture below).

As a result, in the current situation where the export price of gas has increased compared to the average price of 10 years and the price of methanol has decreased, there is no economic justification to limit Iran’s export gas and allocate this gas to methanol petrochemicals.

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