Iran Urea Output Several Times beyond Demand: Min.

(Saturday, February 15, 2020) 15:47

TEHRAN (NIPNA) – Iranian Minister of Petroleum Bijan Zangeneh said the country’s urea output was several times more than the item’s demand in the country.

Speaking to reporters on Monday, the official said that Iran was one of the world's largest exporters of urea fertilizer.

He said the agreement between two of the companies affiliated to the Iranian Ministry of Petroleum for production of needle and sponge coke was a historic one as it rendered the country needless of importing the item that is widely used in the steel and aluminum industries.

Zangeneh said that once the contract is enforces and production of coke begins in Imam Khomeini and Bandar Abbas refineries, the fuel oil output of the refineries would also improve, generating more value added for the refineries.

Furthermore, the coke units would be fed by fuel oil which is to be used for production of much more valued items, he added.

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National Petrochemical Company