Speaking to NIPNA, Abbasali Ghasaei underlined the importance
of the partnership of the private sector in petrochemical projects, saying that
fresh investment aimed at completing the value chain and production of end-used
items can curb sale of crude oil and gas.
He added that downstream petrochemical industries could be
attractive to private investment and the support of the banking system of the
sector could be instrumental.
The official further said that generation of jobs, enhancing
exports and generation of value-added were some of the benefits of development downstream
petrochemical industries in the country.