Addressing a ceremony to break the grounds for construction of a
petrochemical project in the southwestern city of Andimeshk, Jafar Rabiei said
PGPIC had finalized a deal with the National Iranian South Oil Company (NISOC)
for gathering associated gases in oil-rich regions.
“Today, the petrochemical
industry has joined the National Iranian Oil Company (NIOC) for gathering flare
gases which are of high value,” he said.
The official said Bidboland II Gas Refinery, Lordegan Urea and Ammonia
Project and Ilam’s Olefin Plant, totally valued at more than $4 billion, were
to be launched next calendar year.
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