Iran to Produce 80 Million Tons of Petrochemicals by Yearend: Deputy Oil Minister
The chief executive of the Iranian National Petrochemical Company (NPC) said that more than 80 million tons of petrochemical products will be produced in the country by the end of the current Iranian calendar year (to end March 20, 2025).
Iran Produces over 74 mln Tons of Petrochemicals in One Year
An official at the National Petrochemical Company (NPC) said 74.3 million tons of petrochemical products were produced in the country in the last Iranian calendar year (March 21, 2023 to March 19, 2024).
Iran Must Expand Petchem Exports to Handle Future Market Challenges
Iran must gradually shift from exporting crude oil to selling petroleum products and petrochemicals, as it invests in expanding its oil and gas production capacities to handle the future market challenges, said an expert.
Two Major Petchem Projects Opened
Iran opened two major petchem projects in northwest and center of the country to add some 25 million tons of capacity to its annual output.
No Problem in China’s Payment for Iran Petrochemicals
TEHRAN– An Iranian deputy oil minister said minor issues impeding the payments Iran receives from China for the export of petrochemicals have been resolved. There has never been any obstacle to the Iranian export of petrochemical products, CEO of Iran’s National Petrochemical Company Marziyeh Shahedaei said on Monday. As regards the delays in the Chinese […]