Petrochemicals

Iraq is willing to export its oil in the forms of swap or transit to the target markets via Iran.

Diesel and mazut can be transported to power plants in the north by rail. tanker trucks or pipelines.

Production of petrochemicals and polymers is expected to surpass the 50-million-ton mark by March.

NIGC has ensured it gas supplied will not be disrupted for the household sector of the country.

In the first seven months of this year, 45 million tons, worth $18 billion, industrial and petrochemical substances were exported.

Iran needs $72 billion in foreign investment for 80 major petrochemical projects in line with plans to triple petrochemical production over a decade.