Oct 23, 2021 22:01

Iran to Launch $2b Petchem Projects by April

Iran to Launch $2b Petchem Projects by April
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.

 

Mar 5, 2018 07:47
Nipna |
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  • Headquarter Address: No.23 (Park Center Complex), 8th Narenjestan St., Farmaniyeh crossroad, Tehran, Iran
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