Iranian Minister of Petroleum Bijan Zangeneh says the country is poised to start up several petrochemical projects by late March or April 2018 with a total investment of 2 billion dollars.
Addressing a press conference to mark the anniversary of the
victory of the 1979 Islamic Revolution, the official said that 6 South Pars
phases will come online next calendar year beginning on March 21.
He further said that 6 million tons of petrochemicals is
estimated to be sold on the domestic market, adding domestic consumption for
petrochemical feedstock is also expected to grow by 17% year-over-year.