Petrochemicals

The factories have been constructed in an area covering 115.350 hectares in Marun petrochemical complex.

The project has 1.6 billion euro investment and will result in creating 1.500 jobs directly and 10.000 ones indirectly in Ardebil Province.

Petrochemical is Iran'.s most important industry after oil and gas.

Oil Show

South Pars is the world'.s largest gas reservoir in the Persian Gulf shared between Iran and Qatar.

Saudi Arabia and Iraq are respectively the biggest and second biggest producers of OPEC.

Iran opened its energy market to foreign investment following the lifting of international sanctions in January 2016.

Iran is willing to accelerate the development process of its petrochemical industries.

Iran'.s petrochemical production plans and the idea of creating a fleet of tankers specifically for petrochemical products make more sense.

Upon signing the agreement. JPC will be provided with the much-needed technical know-how to raise ethylene output.