Wednesday, March 22, 2006

Seven new Iranian petrochemical plants to become operational soon

TEHRAN – Seven new petrochemical plants will come on stream in the next year (Iranian year starts March 21), noted here on Saturday, Oil Minister Kazem Vaziri Hamaneh.
Along with the crude oil sales, other oil products including petrochemicals as well as the natural gas are also exported, the minister said in response to a question asked by a reporter on why 100 years after the oil discovery in Iran the country was still a mere crude exporter.
The more we focus on the exports of our oil products the more value added we gain. However, the world is in need of energy too, the minister stated adding, therefore, "a portion of our exports should be allocated to the energy consumers," the Persian service of Fars News Agency reported on Saturday.
Hamaneh who was visiting an exhibition of the documents of Movement for Nationalization of Iran’s Oil Industry elaborated on the cultural aspects of the industry and maintained that, Iran’s oil industry is now free from colonial domination. The cultural aspect of the industry has had its influence on the lifestyle of the people of the southern parts of the country, he commented when referring to the transfer of the know-how and technology to the oil-rich Iranian regions particularly, in the south.