Any move to reduce natural gas supply to petrochemical facilities is a recipe for disaster, as it will deprive the flourishing industry of foreign exchange revenues, the secretary-general of Iran's Association of Petrochemical Industry Corporation (APIC) said.
“Not delivering sufficient natural gas as feedstock to petrochemical factories will reduce the production level, because of which exports will drop sharply,” Ahmad Mahdavi was also quoted as saying by ILNA.
“The National Iranian Gas Company has cut gas delivery to petrochemical companies by 30% and more restrictions will be imposed sooner rather than later unless households reduce consumption in the cold season,” he said.
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