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Iran Oil Minister: 7 new petrochemical plants operational soon
TEHRAN – Seven new petrochemical plants will come on stream in the next year (Iranian year starts March 21), noted here on Saturday, Oil Minister Kazem Vaziri Hamaneh. Along with the crude oil sales, other oil products including petrochemicals as well as the natural gas are also exported, the minister said in response to a question asked by a reporter on why 100 years after the oil discovery in Iran the country was still a mere crude exporter.

The more we focus on the exports of our oil products the more value added we gain. However, the world is in need of energy too, the minister stated adding, therefore, “a portion of our exports should be allocated to the energy consumers,” the Persian service of Fars News Agency reported on Saturday.
Posted by: Pappy 2006-03-22
http://www.rantburg.com/poparticle.php?ID=146186