CEO of Iran’s National Petrochemical Company Behzad Mohammadi reiterated that Washington’s unilateral sanctions on the country’s largest and most profitable petrochemical group are hardly to have an impact.
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The Persian Gulf Petrochemical Industries Company (PGPIC). Iran’s largest petrochemical holding group. will continue with calm and according to its previous plans of development. CEO of the holding Jafar Rabiei announced after the recent US sanctions.
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Former Head of the National Petrochemical Company (NPC) Abdolhossein Bayat downplayed the impacts of the US new sanctions on Iran'.s petrochemical products. describing the move as ineffective.
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Former Managing Director of the National Petrochemical Company (NPC) Abbas Shae'.ri Moqaddam downplayed the impacts of the US petrochemical sanctions against Iran. saying that finding the origin of such products is not easy.
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The administration of US President Donald Trump has announced new sanctions on Iran. targeting the country’s petrochemical industry. including its largest petrochemical holding group. called Persian Gulf Petrochemical Industries Company (PGPIC).
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Persian Gulf Star Refinery is the world’s largest gas condensate refinery and the first one in the Middle East.
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Iran’s Persian Gulf Star Refinery converts light crude. known as condensate. into gasoline and naphtha.
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The prospective phase is envisaged to produce 12 million liters of Euro-5 gasoline and diesel.
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PGPIC and Maroon Petrochemical Company would sign the deals separately with NIOC.
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The document was signed on the sidelines of the 23rd International Oil. Gas. Refining and Petrochemical Exhibition in Tehran.
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