3 September 2021 - 02:44
  • News Code: 320573
South Pars Supplying Half of Iran Petchem Feedstock

TEHRAN (Shana) -- The Deputy Minister of Petroleum for Petrochemical Affairs stated that the number of active projects of the petrochemical industry in Assaluyeh is 19, and said: “50% of the production of the petrochemical industry depends on South Pars.”

In a meeting held in the presence of Iranian Minister of Petroleum Javad Owji at Pars Special Economic Energy Zone on Thursday evening, Behzad Mohammadi noted that the share of Pars Special Zone in the current 90 million ton capacity of petrochemical industry is 45 million tons , adding: “The main products of the petrochemical industry are exports.”

He said that the feedstock of petrochemical plants in Assaluyeh is supplied from gas refineries and the utilities of the petrochemical industry are supplied from Mobin and Damavand complexes, adding: “Out of 24 petrochemical complexes located in Assaluyeh region, 6 complexes operate with natural gas as feedstock.”

"When it comes to gas fluctuations in winter, we as a downstream industry are concerned," he said, adding every day of supply interruption causes 20 million dollars of losses for the country.

Mohammadi said there are currently 50 active development projects in the petrochemical industry, of which 19 projects are in Assaluyeh, adding 16 of these projects will be operational by the end of the calendar year of 1401 to March 2023 and petrochemical production capacity will reach 136 million tons per year by 2025 while the sector’s revenue will hit 36 billion dollars per year from currently 21 billion dollars.

The Minister of Petroleum arrived in Assaluyeh this evening on his first operational visit, and after attending the tomb of the anonymous martyrs of Assaluyeh, examined the gas and petrochemical projects based in the area in a meeting with the relevant managers in the Pars Energy Special Economic Zone.

News Code 320573

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