Addressing a press conference on the
sidelines of IranPlast Exhibition, Mahmoud Aminnejad said the gas refinery's construction
project has progressed by 62%, adding the PDH project will be developed for completing
the plant's value chain.
The official said construction of the plant
will need an investment of nearly $1.5b, adding the company has initiated talks
with international energy majors which are also licensors of PDH projects
including Total, Japan's Mitsui and a number of other internationally renowned
companies.
Once operational, the refinery will feed petrochemical plants along Dena Pipeline.
He said the facility's completion is
planned to reach 75% by the current calendar yearend to March 20 2018.
"Construction and installation of the
plant will complete by March 20 2019," he said, adding the project will come
online in the calendar year of 1398.
Aminnejad said the project will generate 4,780
direct and over 8,000 indirect jobs.