A senior Iranian petrochemical official says Uzbekistan has signaled willingness to invest in Iran's petrochemical projects especially in methanol-to-olefin ones.
Following a meeting with Alisher Sultanov, deputy Prime
Minister of Uzbekistan, in Tehran, Reza Norouzzadeh, Managing Director of the
National Petrochemical Company (NPC), said the central Asian country has
indicated it is keen on investing in areas that enjoy vast gas reserves while
having easy access to high seas like Iran.
Tashkent is also interested in investing in petrochemical
projects in Iran, the official added.
"It was decided during the meeting that a
representative from NPC and another one from Uzbekistan will be designated to pursue
planning and procedure of the investment," the official added.
Norouzzadeh, who is also deputy petroleum minister for
petrochemical affairs further, added Iran will pitch its petrochemical projects
to Uzbek investors for carrying out appraisal studies on the schemes.
The official further said that Uzbekistan is mostly keen on
financing methanol-to-olefin projects in Iran.