Director of investment at National
Petrochemical Company (NPC) Hossein Alimorad said the Persian Gulf
Petrochemical Industries Company (PGPIC) is about to sign a contract with Total
to carry out economic studies on a petrochemical project in Iran within the
next month, NIPNA reporterd.
He said preliminary studies over the
project have been carried out by a third Iranian company and the Total-PGPIC
deal will be signed soon.
The studies are intended to appraise the
economic justifiability of the project, he added.