VOL. XLII

No. 09

1-March-1999

IRAN

Iran Plans Petrochemical Projects At Assaluyeh

Iran痴 Deputy Oil Minister and President of the NationalPetrochemical Company (NPC), Mr. Mohammad Reza Nematzadeh, said on 24 Februarythat Iran plans to build a $2bn ethylene cracker at Assaluyeh in southern Irannear the offshore South Pars gas field. Mr. Nematzadeh said the plant, whichwill have two separate ethylene production trains, will use ethane derived fromgas processing facilities in the region. The cracker...