Ali Sanatgar extended his invitation at an expert-level session of the 14th Iran Petrochemical Forum titled “Roadmap for Developing Value Chain of Iran’s Petrochemical Industry”.

He said the first phase of the refinery-integrated petrochemical plant having a 300,000-barrel capacity needs a $6 billion investment.

SHASTAN Trading Investment Company has made investments in oil, gas, and petrochemical projects in four southern provinces of Khuzestan, Bushehr, Hormuzgan, and Sistan and Baluchestan, Sanatgar added.

The company has recently invested in upstream projects of three gas fields in southern Iran, he continued, explaining that the group’s strategy is aimed at provisioning infrastructure, engineering, managing, and supplying funds for projects.