Iran exports $6bn of petrochemical products

Iran exports $6bn of petrochemical products

TEHRAN – Deputy of Oil Ministry pointing to $6 billion of Iran’s petrochemical products during this year, declared that the fall in the oil price would not affect the products of complexes using natural gas.

Deputy Oil Minister and director of Iran’s National Petrochemical Industries Co. Abbas Sheri Moghaddam spoke about the export volume of Iran’s petrochemical products since the beginning of current Iranian year (beginning on March 21) and said that Iran’s petrochemical exports volume over 6 billion dollars.

Moghaddam added that it was predicted that Iran’s revenue of these exports would double by the end of year to worth about 12 billion dollars.

He, however, stressed that the target could only be reached “if cold season does not impede gas supply to petrochemical complexes.”

Sheri Moghadam also highlighted that fluctuations in oil prices did not influence price of natural gas and the operation of petrochemical factories working with natural gas as their fuel.

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