Petchem Feedstock Supply Top on NIGC Agenda

Petchem Feedstock Supply Top on NIGC Agenda
(Wednesday, May 1, 2019) 23:26

TEHRAN (NIPNA) -- The CEO of the National Iranian Gas Company (NIGC) said that supplying feedstock to petrochemical plants was one of the company’s strategies.

Speaking to reporters on the sidelines of the 24th Iran Oil Show in Tehran on Wednesday, Hassan Montazer Torbati said that NIGC would supply feedstock to petrochemical facilities as much as they needed as the sector is regarded as one of NIGC’s top priorities.

He said Iran’s natural gas output in the previous Iranian calendar year which ended on March 20 was at an average of 800 mcm/d which will reach nearly a billion cubic meters this year.

“Over the past two years, we have shown Europe that NIGC could be considered as a gas exporter,” the official added.

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