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Iranian Persian Gulf Mobin Energy Company's revenues up

Oil&Gas Materials 29 June 2020 11:16 (UTC +04:00)
Iranian Persian Gulf Mobin Energy Company's revenues up

BAKU, Azerbaijan, June 29

By Elnur Baghishov –Trend:

The revenues of Iran's Persian Gulf Mobin Energy Company’s shareholders are set at 185 rials ($0.004) per share, Executive Director of the company Alireza Shamim said during the annual meeting of the company shareholders, Trend reports citing the company’s website.

The director said that the shareholder income increased by 90 percent compared to the figures of the last year.

He added that in the last Iranian year (from March 21, 2019 to March 20, 2020), Mobin Energy acquired Persian Gulf Apadana Petrochemical Company. The company produces 1.65 million tons of methanol per year.

"Furthermore, 3,600 spare parts were repaired by local specialists of the company," he said.

Iran's Persian Gulf Mobin Energy Company is engaged in the production of various types of industrial water, oxygen, nitrogen and other energy products.

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