Iran to Spend $5.8bn on Petrochemicals in Next Five Years
Iran is to spend IR400bn ($5.8bn) on petrochemical projects over the nextfive years, of which more than $2bn will come from foreign investment, accordingto Mr. Ahmad Rahgozar, the Deputy Oil Minister and head of the NationalPetrochemical Company (NPC). Mr. Rahgozar said on Radio Tehran on 6 Februarythat the money would be spent on upgrading existing facilities and building fournew petrochemical...
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