ID :
202556
Sun, 08/21/2011 - 11:47
Auther :
Shortlink :
https://oananews.org//node/202556
The shortlink copeid
Iran in Talks with Venezuela, Indonesia to Build Petrochemical Complexes
TEHRAN (FNA)- Iranian Deputy Oil Minister Abdolhossein Bayat announced that the country is currently in talks with Venezuela and Indonesia for building two petrochemical complexes in Pars Special Energy Economic Zone in Assalouyeh.
Bayat also stated that as soon as the deals are finalized, the projects will officially start.
Bayat who is also Managing Director of National Iranian Petrochemical Organization (NIPO) made the remarks on Saturday, adding that the Iran-Venezuela Petrochemical Complex will help the Islamic Republic to keep its uptrend in the petrochemical sector.
Bayat noted that although the executive operations for building a methanol unit in Assalouyeh have been started with the participation of Venezuela, the agreements for implementing a similar project in the South American country are not finalized yet.
The deputy oil minister added that Iran is currently in talks with Venezuela and Indonesia for building two petrochemical complexes in Pars Special Energy Economic Zone in Assalouyeh, stating that as soon as the deals are finalized, the projects will officially start.
During the Venezuelan president's visit to Tehran in October last year, Iran and Venezuela agreed to jointly construct petrochemical plants.
They also signed 11 memorandums of understanding to promote cooperation in many areas, including oil, natural gas, textiles, trade, and public housing.
Bayat also stated that as soon as the deals are finalized, the projects will officially start.
Bayat who is also Managing Director of National Iranian Petrochemical Organization (NIPO) made the remarks on Saturday, adding that the Iran-Venezuela Petrochemical Complex will help the Islamic Republic to keep its uptrend in the petrochemical sector.
Bayat noted that although the executive operations for building a methanol unit in Assalouyeh have been started with the participation of Venezuela, the agreements for implementing a similar project in the South American country are not finalized yet.
The deputy oil minister added that Iran is currently in talks with Venezuela and Indonesia for building two petrochemical complexes in Pars Special Energy Economic Zone in Assalouyeh, stating that as soon as the deals are finalized, the projects will officially start.
During the Venezuelan president's visit to Tehran in October last year, Iran and Venezuela agreed to jointly construct petrochemical plants.
They also signed 11 memorandums of understanding to promote cooperation in many areas, including oil, natural gas, textiles, trade, and public housing.
