Addressing a specialized seminar on petrochemical industry training, the official said Total intends to build ethane cracker and polyethylene units in Iran, adding the units will be unparalleled in the world.
She said Shell and Total are considering $240 for every ton of ethane as the price of the item in their investment in the projects.
She said international relations are a necessity for the development of Iran’s petrochemical development, adding the sector needs the latest technologies and licenses as well as major investments.
Shahdaei, who is also deputy petroleum minister in petrochemical affairs, added that given its advantages, Iran can turn into a leading player in the global petrochemical market.
“It was emphasized at a trade fair in Germany recently that Iran is apt to become a leading petrochemical player in the world,” she added.
The official further said Iran is the only country where all kinds of petrochemical plants can be run and fed because oil and gas are abundant unlike Saudi Arabia that lacks gas and Qatar that lacks oil to feed the plants that run on these items as feedstock.