New Gas, Petrochemical Projects Open in Iran
- February, 09, 2022 - 12:57
- Economy news
TEHRAN (Tasnim) – The Iranian president inaugurated a series of gas and petrochemical projects on Wednesday.
During a visit to the National Iranian Gas Company, President Ebrahim Raisi inaugurated the gas dispatching and petrochemical projects in the provinces of Khuzestan, Kermanshah, South Khorasan, Fars, and Sistan and Baluchestan.
Coming into operation with 40 trillion tomans in financing, the new projects would supply natural gas to 14 cities, 1,459 villages, and 4,104 industrial plants.
In a report given to the president during the event, the oil minister said nowhere in Iran has experienced gas outage this year despite the cold winter and record-breaking rates of gas consumption.
Last month, Oil Minister Javad Owji hailed a dramatic rise in the country’s sale of oil products in the first 10 months of the current Iranian year, predicting that 1.2 million barrels per day of oil would be sold in the next year.
Foreign exchange incomes generated by the export of oil, gas condensates, petrochemical products and natural gas have experienced a dramatic increase during the first 10 months of the current Iranian year, he noted.