Iran sets $93bn-target for investment in petrochemical sector
06PM [Updated: Sun Sep 22, 2019 07:12PM ]/ Iranian authorities say size of investment in downstream sections of the oil and gas industry, where petrochemicals are produced and marketed, would reach $93 billion by 2025. Head of the National Petrochemical Company of Iran Behzad Mohammadi said on Sunday that the country had extensive plans for expansion of refining and petrochemical activity, adding that government and private investment in the sector would top 70 billion in the next two years. The official made the remarks in a speech on the ...
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