He said the PSEEZ’ plans are concentrated on attracting investment in the downstream sector, adding that investment is also needed for the upstream industries.

Yousefi said huge gas reserves in PSEEZ are among the most important advantages of investment in this zone.

“This zone is located in a geographically attractive position and is close to domestic and global markets. It is possible to transfer products from this zone to Central Asian markets,” he said.

Yousefi said long-term plans in the PSEEZ include construction of gas condensate refineries as well as petrochemical plants.