Addressing
a specialized conference on nitrogen and gas synthesis, Farnaz Alavi, director
of planning and development at NPC, said given the abundance of natural gas
resources in Iran, many plans have been considered for utilization of the item as
feedstock in petrochemical industries and NPC has devised numerous plans to
complete the value chain in the industry.
She said
in 2014, 69% of the world's gas synthesis output was based on coal and natural gas
had only 13% share in production of the item.
Alavi said
promotion of the petrochemical industry's level in the region and the world by
enhancing production capacity and presence in international markets are NPC's
top agendas in the industry in Iran, adding completion of the value chain in
the sector is also chiefly aimed at by the company.
The official
also said that Iran can currently supply 10 million tons per year of methanol
and urea, adding the country generated $1.3b and $650m by exporting the items respectively
in the last calendar year which ended on March 20.