VOL. XL

No. 15

14-April-1997

IRAN

Iran Commissions Tabriz Petrochemical Complex

On 7 April President Ali Akbar Hashemi Rafsanjani of Iraninaugurated the first phase of the Tabriz petrochemical complex which started up on 10February (MEES, 10 March). The first-phase plant was built at a cost of $850mn in hardcurrency and IR1,000bn ($571mn) in local currency and will produce some 400,000 tons/yearof petrochemicals, according to Iranian Oil Minister Gholamreza Aghazadeh. These include136,000...