MAPNA Group’s senior executive says Iran’s subsidy-driven economy is holding back critical investment, adding energy subsidies remain the main barrier to long-term power sector development.

MAPNA Group’s oil and gas subsidiary, Neyr Perse, has successfully commissioned the Tail Gas Treatment Unit (TGTU) in the Sulfur Recovery Unit (SRU) of South Pars Phase 14, marking the final component to become operational.

MAPNA Group took part in the 6th Tehran International Transportation, Logistics, and Related Industries Exhibition, unveiling new technologies and signing key cooperation agreements.