Speaking to NIPNA, Ali Golmoradi, a member of the parliament’s energy committee,
said the industrial advantages of Iran’s petrochemical sector were not comparable
to any other countries, adding there are large reservoirs of gas and feedstock,
access to high seas, and access to maritime routes in Iran that make it an attractive
place for petrochemical investors.
He said the US sanctions had failed to keep Iran back in its petrochemical
progress, adding that Iran’s petrochemical output was expected to grow dramatically
by 2021.
The MP described the petrochemical industry as a flexible sector which
could supply a wide range of exportable items.