She called development of petrochemical industry the best way for execution of resistance economy and said that removal of sanctions can make a great development in Iran’s oil and gas industry.
Referring to the troubles made by sanctions for the oil and gas industry, the official said that the industry was involved in various troubles for transfer of money and technology as well as financing and buying the equipment.
“We are in talks with foreign companies for transferring technology as well as export of petrochemical products, “Shahedaei added.
She underlined that foreign European and East Asian companies which abandoned Iran during the sanctions era, have declared their interest in investment and financing Iran’s projects.
Access to international waters as well as availability of feedstock required for the petrochemical industry is an encouraging advantage for the foreign companies which want to invest in this area, Shahedaei noted.
She said that despite decrease of oil price, Iran abounds with many petrochemical advantages.
Facilitation of presence of private sector as well as foreign investors in Iran’s petrochemical industry is precondition to realization of Iran’s sixth five-year development plan.
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