Speaking at a specialized energy panel on the sidelines of the 2th edition of the International Iran-Africa Economic Conference in Tehran, the NIGC’s official said that China, India and Japan are the largest consumers of LPG in the world and a number of African countries including Morocco, Egypt, Tunisia and South Africa respectively are the largest importers of the product.

According to him, high prices and lack of standard piers are the two main reasons behind low levels of LPG consumption in African countries.

Karami said: LPG production in Iran has been on the rise over the past years, reaching 7 million tons in 2023 from 5 million tons two years earlier.

As another speaker at the specialized panel, Bijan Chegini, the manager of production at the National Petrochemical Company (NPC) pointed at urea fertilizer as Iran’s main petrochemical product being exported to African countries.

He said: NPC exports 350 million dollars of urea fertilizer to African countries annually.

The NPC offical added: Export of catalysts is one of the main opportunities that can connect Iran and African countries' petrochemical industries to each other, he noted.