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  • Written on 18.02.2013 - Industry
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WORLD: Iran proposes setting up petrochemicals exporting forum

Iran has proposed setting up a petrochemical exporting forum and is involved in talking with several countries including a number of neighboring countries on the issue.

Managing director of National Petrochemical Company (NPC), Abdolhosain Bayat, made the remarks adding setting up a petrochemicals exporting forum similar to OPEC (Organization of Petroleum Exporting Countries) and GECF (Gas Exporting Countries Forum) will provide data on petrochemicals’ demand and supply in a world scale as well as will enable the exporting countries for planning and pricing in order to control consumption markets.

He continued Iran as a leading producer of petrochemicals in the Middle East was ready to pave the way for formation of a petrochemicals exporting forum through cooperation and understanding with other big producers of petrochemical products in the region and across the globe.

Source: Pars Oil & Gas Co. website; 11 Feb 2013

(Syed Rashid Ali, Karachi, Pakistan)


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