MP Highlights Role of Petrochem Industry in Economic Prosperity

MP Highlights Role of Petrochem Industry in Economic Prosperity
(Tuesday, April 9, 2019) 19:18

TEHRAN (NIPNA) -- A member of the Iranian parliament stressed the role that the petrochemicals industry can play to ensure booming economy in the country.

Speaking to NIPNA, Hossein Amiri Khamkani, deputy head of the parliament’s energy committee, said the role of petrochemicals in economic prosperity of Iran was undeniable and the sector was moving on despite all the difficulties the country is facing.

He said oil, petroleum products and petrochemicals made up the lion’s share of Iran’s exports while the US was trying to prevent their exports, but the Rouhani administration was exerting every effort to ensure exports and repatriating the revenues.

The MP said over the past 4 decades since the victory of the Islamic Revolution back in 1979, many achievements had been made in the sector and many items used in the industry had been domestically supplied by Iranian manufacturers.

He also said that petrochemicals played a key role in expanding the country’s development potentialities and preventing export of raw materials.

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