Completion of Petrochem  Projects High on Agenda
Completion of Petrochem  Projects High on Agenda
Wednesday, July 18, 2018

Completion of Petrochem Projects High on Agenda

Wednesday, July 18, 2018

Completion of Petrochem Projects High on Agenda

The completion of value chain, development of petrochemical downstream industries and supply of feedstock to complexes top the Oil Ministry’s priority list, a deputy oil minister said.
“The ministry is making efforts to tackle feedstock-related challenges in petrochemical plants to pave the way for the production of value-added commodities,” Marzieh Shahdaei was also quoted as saying by NIPNA, the National Petrochemical Company’s news agency. 
The official noted that the operation to extend an ethane pipeline from South Pars Phase 2 to Phase 1 to increase petrochemical plants’ feedstock is being followed up by the ministry.  According to the official, financing incomplete projects is another thorny issue that is being handled through negotiations with the National Development Fund of Iran and the Central Bank of Iran.


Subscribe to the Financial Tribune to continue reading this article or Log in to your account if you are already a subscriber.

Find out more about our subsciption plans here.

Short URL : https://goo.gl/abtjDY
  1. https://goo.gl/69qwjw
  • https://goo.gl/7asomt
  • https://goo.gl/d7vdgB
  • https://goo.gl/LJxsjt
  • https://goo.gl/1st7pb

You can also read ...

PetroChina Mulling to Suspend US LNG Purchases
PetroChina Company Limited may temporarily halt the purchase...
Total's Workers on Strike
Workers at three of Total’s North Sea oil platforms started a...
Caspian Sea Agreement to Help Boost Energy Plans
Five Caspian Sea states reached a breakthrough agreement on...
WTI, Brent Prices Slide as Emerging Market Woes Reduce Demand
Oil prices slipped on Monday as trade tensions and troubled...
Gas Talks With Iraq Underway
Iraq's Oil Ministry is discussing prospects of increasing gas...
NIORDC Planning Mass Production of Catalysts
Experts of the National Iranian Oil Refining and Distribution...
Tehran Groundwater Reserves Decline by 150 mcm Per Year
Groundwater reserves in Tehran Province have fallen by 150...
NIOC's OSP Discount Follows Global Norms
National Iranian Oil Company's reduction of official selling...

Add new comment