Access to abundant oil and gas reserves is a unique advantage for the development of Iran’s petrochemical industry and Russian companies are welcome to use this opportunity and participate in Iran’s petrochemical projects.
Morteza Shah-Mirzaei, managing director of the National Petrochemical Company, made the above statement on the sidelines of the 21st International Exhibition for Equipment and Technologies for Oil and Gas Industries (NEFTEGAZ 2022) in Moscow.
“One billion cubic meters of gas are extracted from gas fields in Iran on a daily basis and the country’s crude oil production capacity is about 4 million barrels per day, some of which are used as feedstock in the petrochemical industry. I invite companies present at the exhibit to invest in the petrochemical projects as well as in oil and gas development programs,” Shah-Mirzaei was also quoted as saying by the Oil Ministry’s news agency Shana.
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