Phase II of Khark Petchem Project 30% Complete

Phase II of Khark Petchem Project 30% Complete
(Monday, November 18, 2019) 16:02

TEHRAN (NIPNA) – The CEO of Khark Petrochemical Plant said the facility’s second phase had so far gained 30 percent progress.

Speaking to NIPNA, Gholamreza Amir Shaghaghi said the plant was being developed for production of 1.45 million tons/year of products, adding feedstock supply was one of the major issues at the beginning of the project.

He said that a pipeline was being laid down for feeding the plant with gas from the southern city of Bushehr which would cost some €65m and would come online in three months.

Shaghaghi said the Khark project would cost some €400 million. Khark Petrochemical Plant is currently operating with 1.135 million tons of annual production capacity.

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