In a meeting with the trade delegation of
Belarus, Morteza Shahmirzaei said: “Considering the oil and gas reserves in the
country, it is possible to guarantee and supply the feedstock required by the
Iranian petrochemical industry for the decades to come, which is a guarantee
for the presence of investors in development projects.”
The Deputy Petroleum Minister said: “Iran's
petrochemical industry is ready due to the existence of favorable
infrastructures to cooperate with this country in the field of supplying
petrochemical products, raw materials, catalysts, technical knowhow and technical
and engineering services needed by Belarus.”
Stating that the annual production capacity of
Iran's petrochemical industry is 90 million tons and 500 grades of polymer and
chemical products, he said: “The export volume of Iran's petrochemical industry
was around 25 million tons last [calendar] year.”
According to Shahmirzaei, the production capacity
of Iran's petrochemical products is expected to increase to 200 million tons in
the next 10 years in all kinds of value and supplementary chains.
The NPC CEO continued by positively evaluating
the joint capacities of cooperation with Belarus: “There are various fields for
cooperation, especially in the petrochemical industry, and efforts should be
made to strengthen bilateral relations at the same time as the consultations
continue.”