Apr 16, 2024 12:14

Zangeneh Lauds Parliament for shelving Article 53

Zangeneh Lauds Parliament for shelving Article 53
Iranian Minister of Petroleum Bijan Zangeneh wrote Parliament Speaker Ali Larijani a letter on Saturday expressing satisfaction at the parliament's decision to cancel Article 53 of the budget bill that would allow supply of feedstock to petrochemical plants at a lower price that what the petroleum ministry had proposed.

Zangeneh, through the letter, said cancellation of the article will set the grounds for bolstering and developing the petrochemical industry of the country.

"This move will bolster and create a bright and stable outlook for investments and development of the petrochemical industry," the official wrote.

Article 53 of the national budget bill concerns pricing of feedstocks to petrochemical plants that puts the prices lower than what the Iranian Ministry of Petroleum has envisioned for petrochemical companies.


Jan 11, 2017 17:37
shana |
Number of visit : 1,058

Comments

Sender name is required
Email is required
Characters left: 500
Comment is required
نقشه فوتر
  • Head Quarter: No.94 (Parand Building)–Across from Ava Center–Movahed Danesh St.Tehran-Iran
  • Management        No.19

  • Financial              No.15

  • Commercial          No.16

  • IT                        No.17

  • HR & Legal           No.18
  •  +98 21 91008030
  • Factory Address:  Next to Styrene Park, Phase 2 National Petrochemical Lands, Assaluyeh, Iran
  •  info@tjpa-pc.com