NPC Vows Value-China Completion in Assaluyeh

NPC Vows Value-China Completion in Assaluyeh
(Wednesday, May 15, 2019) 00:13

TEHRAN (NIPNA) -- An official with the National Petrochemical Company (NPC) said the state-run company had pegged great importance to value-chain completion in Assaluyeh petrochemical hub, south Iran.

Speaking to NIPNA, Ali Mohammad Bossaqzadeh, the director of projects at NPC, said the company viewed completion of the value-chain in the area as a strategy to ensure the balanced development of the industry in Assaluyeh, one of the two main petrochemical hubs in Iran along Mahshahr in the southwestern province of Khuzestan.

“We are seriously pursuing completion of the value-chain and petrochemical development in Assaluyeh,” he said.

The official also stated that NPC expected a production enhancement in the area by 2021 as new phases of South Pars gas field would become operational providing more feedstock to petrochemical facilities.

Iran shares the supergiant gas field with Qatar in Persian Gulf waters.

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