"We are looking for the idea of
completing the value chain and developing the petrochemical industry, and
this contract is the beginning of a new path in the process of the company's
future activities," Manouchehr Taheri said, referring to a contract ceding
operation of the pipeline to OICO.
He said his company has a long backdrop in operation
and maintenance of pipelines, adding it has also launched several projects
including the Persian Gulf Star refinery, phases 17, 18, 20 and 21 of South Pars
as well as the seventh and eighth refineries of the offshore gas field and operation
of the North Azadegan oil field, etc.
The contract for the operation, repair and
maintenance of the West Ethylene Pipeline was signed between the National
Petrochemical Company as the owner of the line and OICO as the contractor on Sunday.