IRAN

 
FGE Sees Sanctions Impact On Iran Petchems
 
Sanctions have had “a tremendous effect” on Iran’s petrochemicals sector, according to FACTS Global Energy (FGE). In the 17 September report US and EU Sanctions: Crippling Effects on Iran’s Petroleum Industry, FGE observes: “Although ethylene exports have ceased, methanol, polyethylene and xylene continue their routes, albeit in significantly reduced quantities. Shipping data confirmed a sharp...