A specialized industrial park for chemical fertilizers and related industries has been planned to be built in Chabahar Free Zone, Sistan-Baluchestan Province.
The project will be carried out with an investment of $420 million and have an annual production capacity of 700,000 tons of various products, the National Petrochemical Company’s news portal reported.
The construction of this specialized industrial park seeks to prevent crude sales, complete the value chain of petroleum, chemical and petrochemical products, make optimal use of chemical fertilizers to prevent environmental damage, manage water consumption, increase productivity of agricultural products and develop export markets.
The project is expected to be completed in three years. It will be constructed on 600 hectares on the eastern side of Negin Mokran Industrial Town.
The park’s construction is in line with the program to help develop Chabahar in southeast Iran and make it the third petrochemical hub after Mahshahr in the southwest and Asalouyeh in the south.
The main program in this regard, which is underway now, is the construction of Mokran Petrochemical Complex with an investment of $13.7 billion.
The petrochemical complex is being built on over 1,200 hectares, 20 km from Chabahar and 35 km from Shahid Beheshti Terminal in Chabahar Port.
With the completion of the first phase of the project, which includes five propylene units, an ammonia unit, a urea unit and an LNG unit, more than 12,000 people will be employed in the complex.
All the units will be supplied with methane gas delivered via a pipeline from Iranshahr and have a production capacity of 8.5 million tons of various products per annum.
Portions of the output will serve as feedstock for petrochemical companies and downstream industries, and the rest will be exported.
The construction of 18 production units has been planned in the complex. After completion, the petrochemical complex will help improve the economy of the underdeveloped Sistan-Baluchestan and Hormozgan provinces.
Twenty hectares in Shahid Beheshti Terminal has been considered for the construction of a dock to transport products.
Iran's massive crude oil and natural gas reserves have contributed to the economic development of southwestern regions off the Persian Gulf, but areas bordering the Oman Sea have hardly benefited from the wealth.
Stretching along the Oman Sea, the Mokran region has not developed into the expected trade and shipping center, save for the port city of Jask that is operating as an oil and gas terminal.
New oil loading facilities on the Mokran Coast will significantly reduce shipping costs and spare a lengthy journey through the Strait of Hormoz and all the way to Iran's main oil and gas terminals in Asalouyeh, Kharg Island and Mahshahr on the westernmost side of the Persian Gulf.
