to NIPNA, Adel Nejad-Salim said the deal will be signed with the Total for
holding feasibility studies on formation of petrochemical joint ventures in Iran.
on attraction of fresh investments in Iran's petrochemical industry, the PGPIC
CEO added that investments in the sector cannot be merely procured by Iran's
state or private sectors and foreign resources must be tapped in this regard.
PGPIC is in talks with two major European companies for investing over €8b in petrochemical
projects in Iran.
of the investments will be made by France's Total," he said.
further added that his company will soon conclude a deal with the French major.
He also noted
that the Pars Special Economic Energy Zone in Asalouyeh and the Parsian Special
Economic Energy Zone in Bushehr Province are being studied by domestic experts for
constructing petrochemical projects jointly with Total.
has reached a preliminary agreement to build three petrochemical plants, with a
total capacity of 2.2 million tons in a deal that, if finalized, could see the
French oil major investing up to $2 billion in Iran.