speaking at the 27th Iran Oil Show in Tehran, said that despite the sanctions,
Iran's allies had a strong presence at this year's event and hoped that the
bilateral relations that had been established would lead to long-term
investments in the petrochemical industry.
He said that Iran
and Russia had increased their interactions in the petrochemical sector in the
past one or two years, and added: "We are trying to introduce new
investment opportunities to the Russian petrochemical industry activists so
that we can attract more investment from allied countries by providing them
with a complete chain of gas and hydrocarbon resources and moving towards
completing the value chain."
new projects for investment
director of NPC said that 19 new projects worth $9 billion in various chains,
such as methanol chain, have been defined and introduced for domestic and
foreign investment, and said: "At the oil, gas refining and petrochemical
exhibition, we will hold face-to-face meetings with foreign investors and
provide them with a good opportunity to invest in Iran for a long time and be
present by introducing them to a complete chain of gas and hydrocarbon
He said that
Morteza Shahmirzai, deputy petroleum minister for petrochemical affairs, had
emphasized the localization of technical knowledge, use of domestic catalysts
and equipment design, pursuit of social responsibilities of companies,
assistance to deprived areas and use of domestic equipment and goods, which
would be followed up in the preliminary agreements.
director of NPC said that regarding the bilateral communication with domestic
and foreign investors at the oil industry exhibition, he said: "According
to the talks with foreign investors and visitors from various countries, we
realized that foreign petrochemical industry activists do not have a realistic
view of Iran and the progress of the country's petrochemical industry, so
face-to-face meetings with manufacturers and production units can lead to a
realistic view of Iran's petrochemical industry and increase awareness."
Nekouei said that
the investment management had provided the latest information on the country's
petrochemical industry projects, which include more than 116 projects with
preliminary approval, to investors, banks and financial institutions on its
website so that those who are active in capital provision in Iran's
petrochemical industry can obtain the necessary information through the website
of investment management at www.nipc.ir.