8 May 2014 - 15:03
  • News ID: 216978
China Financing 4 Petrochemical Projects

TEHRAN May08 (Shana)--China has agreed to finance construction of four petrochemical complexes in Iran, managing director of National Petrochemical Company (NPC) Abbas Sheri Moqqadam said.

Speaking to Shana on the sidelines of the 19th Oil Show, Sheri Moqqadam said China will provide the necessary credit for building the petrochemical complexes including Boushehr, Lordegan, Hengam and Gachsaran petrochemical complexes.

According NPC chief, Central Bank of Iran (CBI) is involved in making preparations for opening a credit line to facilitate payments as soon as possible.

The 4-day Oil Show kicked off at Tehran International Permanent Fairground on Tuesday and comes to an end on Friday

News ID 216978

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