Petrochemicals

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.

The lion'.s share of petrochemical exports is bound for India. China and South Korea.

According to projections. the zone’s output will reach 21 million tons by the end of the fiscal.

9th Specialized Exhibition of Domestic Manufacturing Oil Industry Equipment

Calculations show that it could take about a month for a cargo ship to sail from the Middle East to a port in Argentina.