Speaking on the sidelines of the 29th Iran International
Oil, Gas, Refining, and Petrochemical Exhibition, Jalali emphasized Iran’s
growing global status in petrochemicals and praised the progress made by
Iranian companies in recent years.
Strategic Partnership and Market Expansion
Jalali stressed that Iran is actively working to remove any
remaining obstacles to cooperation and pointed out that Russia presents
substantial opportunities for market development. “We can capture a greater
share of the Russian market,” he stated.
Mutual Commitment to Petrochemical Growth
Hassan Abbaszadeh, Deputy Petroleum Minister and CEO of the
National Petrochemical Company (NPC), reiterated Iran's readiness to strengthen
ties with Russia in the value-driven petrochemical industry. He emphasized the
presence of numerous shared grounds for joint ventures and investment.
Abbaszadeh also referenced his recent discussions with
Russian Deputy Prime Minister Alexander Novak, highlighting the positive
momentum in bilateral cooperation in the petrochemical domain over recent
years.
Trade Milestones and Market Penetration
The NPC chief noted that Iran exported over $250 million
worth of petrochemical products to Russia last year, reflecting significant
growth in trade volume. He added that Iranian petrochemical companies have
enhanced their visibility in the Russian market by participating in
industry-specific exhibitions and trade forums.
These interactions, Abbaszadeh explained, are part of a broader
cooperative framework supported by joint commissions and bolstered by trade
facilitation mechanisms and financial infrastructure, laying the foundation for
deeper industrial engagement.