Iranian Minister of Petroleum Bijan Zangeneh said the country’s petrochemical exports was at a satisfactory state.
According to ICANA,
Mr. Zangeneh said that over 95% of petrochemical companies could cash their
exports in.
The official said that
exports of petrochemicals and receiving their money was at a satisfactory state
in Iran, adding as a person in charge of monitoring the state of petrochemical
exports in the country, “I must say that over 95% of petrochemical companies
had displayed a very good performance in terms of cashing in their exports.”
Iranian petrochemical
plants supply 66 million tons of petrochemicals annually.
Iran expects to realize
two major leaps in the sector by 2025, which would bring the country’s annual
petrochemical output to 130 mt/y.