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Chahbahar Petrochemicals to transform southeast Iran

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Iran is building a massive petrochemical complex worth $12 billion in Chabahar which is wholly funded and owned by the private sector and is hoped to lead to a transformation of the country’s southeast.

The Makran Petrochemical Plan is the biggest project yet undertaken by private owners in Iran, aiming to produce 23 million metric tons of products a year, 20 million tons of which are intended for exports.

Currently, the country has a capacity to produce 60 million metric tons. The petrochemical industry is the biggest source of foreign earnings for Iran after oil, put around $14 billion last year.

Divided into three construction phases, the Makran complex is planned to come on stream over a period of nine years and will include 17 production units. Nine private investors, two Iranian banks and three pension funds are financing the project.

The first phase of the complex will become operational before the year-end with a capacity to produce 8.5 million metric tons of petrochemicals worth $5 billion in exports, the man in charge of the project Hassan Malek-Ismaeeli said on Thursday.

Those exports will rise to $11 billion with the completion of the second phase in 2020.

The last phase is envisioned to come on stream in 2021 to produce 7.5 million metric tons of aromatics and polyethylene products, he said.

b69c116e-1114-4d4b-be37-7d733d4f20d2.jpg

This file photo shows President Hassan Rouhani visiting the site of the Makran Petrochemical Plan in Chabahar.
The first phase of the project will use methane on the Iran-Pakistan gas pipeline as feedstock. For the second phase, a separate pipeline will be built for a length of 1,051 kilometers from Assaluyeh to carry ethane.

Meanwhile, gas condensates will be carried on vessels from Assaluyeh for use in the third phase of the complex which will produce overall eight petrochemical products.

The project is also expected to create jobs for 20,000 people in the Sistan-Baluchestan province and lead to a major development of the region. It will include building 30 downstream units for the first time in Iran’s petrochemical townships.

Chabahar is strategically positioned on the shores of the Gulf of Oman, providing a transit corridor which is finding increasing prominence.

India is planning investment in Chabahar Port in a bid to open up a route to landlocked Afghanistan and the Central Asia.

Chababar is the also ideally placed to ship Iran’s petrochemicals to Asian markets which have the world’s highest demand for such products.

Iranian energy officials have said about $70 billion of investment is needed in the petrochemical industry over the next 10 years.

PressTV-Petrochemicals to transform southeast Iran

@scythian500 , Dadash, I think this is one of major projects in southern Iran which you talked about.
Very nice news.
 
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Also, 2 nuclear power plants are going to be built in Makran area near Chabahar, as a deal is reached with China to build them.
ایسنا - ساخت 2 نیروگاه هسته‌ای در سواحل مکران/مجوز رهبری برای اکتشافات هوایی اورانیوم

Wonderful news.

A port needs alot of electrical power to operate. So those nuclear power plants at Chabahar will help by providing the power required for the port as well as for its industrial output. There is already a thermal power plant in Chabahar but nuclear is going to be a big thing for that area.

The petrochemicals and refineries will also be crucial since such an international port will need to have products to offer to the world and to refuel huge ocean going ships. Hopefully these projects will transform the lives of Sistani and Balochi people as well as the rest of Iranian people.

Also Chabahar has to be connected by rail to European rail system via Turkey and Russia. This would then be a game changer. A port on Indian ocean with rail link to Europe and Central Asia.

I think Chabahar will eventually become Iran's major international port in future with its own nuclear power plants, industries and everything else. Like Shanghai of China or Hamburg of Germany or Tokyo of Japan. It will be the industrial, petrochemical and transit gateway of Iran to the world.

It is going to become a huge thing. Time to buy land there as investment.
 
Great News.

Not only this will transform southeast Iran but also other countries too will have to transform theirs. so this will benefit the region overall.
 
Great News.

Not only this will transform southeast Iran but also other countries too will have to transform theirs. so this will benefit the region overall.

It is a game changer for industrial output as well as for international transit. Petroleum, nuclear power and international transit bypassing Suez Canal from Indian ocean to Central Asia via rail link. It has huge geopolitical and economic potential.
 
Wonderful news.

A port needs alot of electrical power to operate. So those nuclear power plants at Chabahar will help by providing the power required for the port as well as for its industrial output. There is already a thermal power plant in Chabahar but nuclear is going to be a big thing for that area.

The petrochemicals and refineries will also be crucial since such an international port will need to have products to offer to the world and to refuel huge ocean going ships. Hopefully these projects will transform the lives of Sistani and Balochi people as well as the rest of Iranian people.

Also Chabahar has to be connected by rail to European rail system via Turkey and Russia. This would then be a game changer. A port on Indian ocean with rail link to Europe and Central Asia.

I think Chabahar will eventually become Iran's major international port in future with its own nuclear power plants, industries and everything else. Like Shanghai of China or Hamburg of Germany or Tokyo of Japan. It will be the industrial, petrochemical and transit gateway of Iran to the world.

It is going to become a huge thing. Time to buy land there as investment.


The BIGGEST THING is that Chah Bahar is an outlet to the Sea that bypasses the Straits of Hormuz bottleneck. Iran will become more immune to regional pin-pricks.
 
fin%201.jpg


Also, 2 nuclear power plants are going to be built in Makran area near Chabahar, as a deal is reached with China to build them.
ایسنا - ساخت 2 نیروگاه هسته‌ای در سواحل مکران/مجوز رهبری برای اکتشافات هوایی اورانیوم


Great news. Congrats, to Iran. This is great news. If two Chinese nuclear power plants are built maybe our part of Balochistan might be able to buy electricty.
 
The BIGGEST THING is that Chah Bahar is an outlet to the Sea that bypasses the Straits of Hormuz bottleneck. Iran will become more immune to regional pin-pricks.

Well that is also true, but I was talking about international significance of it. Though Hormoz strait is not an issue either for Iran. Since on one side is Iran and on the other side it is Oman. And Oman has always been a partner of Iran since the times of Cyrus the Great. They will not jeopardize Iran ever. But Iran can block other countries who have malign wishes against Iran and Iran has already threatened to do that. You know the Lilliputian countries there.

Great news. Congrats, to Iran. This is great news. If two Chinese nuclear power plants are built maybe our part of Balochistan might be able to buy electricty.

Of course. Pakistan's Balochistan already buys some electricity from Iran and the Gwadar's electricity actually comes from Chabahar power plant already (as you might already know the Gwadar is not connected to Pakistan's national electricity grid. It is connected to Iran's grid). So it is inevitable that the same electricity will end up in Pakistan as well since the grid is the same. Though I think they should upgrade the grid to a higher capacity one.

This move is going to give a massive boost to Iranian energy exports

Let's hope so!
 
Great news. Congrats, to Iran. This is great news. If two Chinese nuclear power plants are built maybe our part of Balochistan might be able to buy electricty.

Dost... They are already working on 1000 MW electricty transmission line from Iran to Balochistan ... And I suppose, in future Gwadar will be getting its complete energy requirments fulfill by Iran as they are net energy exporter and we are importer
 
Dost... They are already working on 1000 MW electricty transmission line from Iran to Balochistan ... And I suppose, in future Gwadar will be getting its complete energy requirments fulfill by Iran as they are net energy exporter and we are importer

Here it is: Pakistan eyes 1,000mw electricity from Iran
 
This move is going to give a massive boost to Iranian energy exports
It reduces direct raw energy carriers exports. Iran successfully implemented a reforming plan to slowly reduce Iranian oil exports to Zero, while creating tens of times more value by injecting local oil and gas resources into massive petrochemical complexes and then exporting the new value-added products to international customers.

Last year some 14 billion dollars of petrochemical products were exported helping Iranian government to have more access to foreign currencies.

Iran is working hard to increase its Non-Oil exports and last year, Iran exported some $61 billions worth of non-oil products of which 14 billion was value-added petrochemicals. Another $12 billions were Engineering and Technological services exported to international customers. The remaining $35 billions were different non-oil products including low-tech and high-tech exports. This $61 billions added to the oil export numbers will generate a great account balance for Iranian government.

In my personal opinion, Iran if succeeded to maintain its current high growth rate in non-oil exports (last year the non-oil exports increased by around %20!!) , soon no longer need oil exports to run the country but merely as a supportive source of cash to invest and help a constant industrial and economic export trend in future.

A good player in future will be the amount of foreign invested capital. without foreign investments Iran will have difficulty revolutionizing its economic and industrial infrastructure that needs trillions of dollars of investment in next 2 to 3 decades only.

A good trend is witnessed though. Iranian current government realized the importance of easing the bureaucracy and difficult obstacles such as mismanagement and the necessity of warmer international relations. in other side of the story, Iran successfully planted seeds of high tech industries in last couple of decades. These huge new trend of private high-tech companies will generate more and more of value-added wealth when the sanctions are lifted completely.

There was a report that a very small science and tech park in Yazd city with only 60 high-tech, knowledge-based companies generated more than $45 millions of high-tech exports in 2014 (This is only exports. Their local sales are times higher)... now, imagine 9000 high tech companies around Iran that are much bigger than Yazd's. The number of private high-tech companies are forecasted to surpass 30000 in 10 years from now. This is a good sign that Iran found the right path toward a non-oil advanced economy.

Although private sector is always the main wealth generator in industrialized countries but we can not ignore Iranian major public-sector industries including armament industries.

Great news. Congrats, to Iran. This is great news. If two Chinese nuclear power plants are built maybe our part of Balochistan might be able to buy electricty.
I'm sure when China is thinking about building an economic zone in Gwader of Paksitan then they will definitely think of couple of nuclear power plants to feed them easier. Meanwhile, Iran can cover Pakistani side needs.

Iran is building a massive petrochemical complex worth $12 billion in Chabahar which is wholly funded and owned by the private sector and is hoped to lead to a transformation of the country’s southeast.

The Makran Petrochemical Plan is the biggest project yet undertaken by private owners in Iran, aiming to produce 23 million metric tons of products a year, 20 million tons of which are intended for exports.

Currently, the country has a capacity to produce 60 million metric tons. The petrochemical industry is the biggest source of foreign earnings for Iran after oil, put around $14 billion last year.

Divided into three construction phases, the Makran complex is planned to come on stream over a period of nine years and will include 17 production units. Nine private investors, two Iranian banks and three pension funds are financing the project.

The first phase of the complex will become operational before the year-end with a capacity to produce 8.5 million metric tons of petrochemicals worth $5 billion in exports, the man in charge of the project Hassan Malek-Ismaeeli said on Thursday.

Those exports will rise to $11 billion with the completion of the second phase in 2020.

The last phase is envisioned to come on stream in 2021 to produce 7.5 million metric tons of aromatics and polyethylene products, he said.

b69c116e-1114-4d4b-be37-7d733d4f20d2.jpg

This file photo shows President Hassan Rouhani visiting the site of the Makran Petrochemical Plan in Chabahar.
The first phase of the project will use methane on the Iran-Pakistan gas pipeline as feedstock. For the second phase, a separate pipeline will be built for a length of 1,051 kilometers from Assaluyeh to carry ethane.

Meanwhile, gas condensates will be carried on vessels from Assaluyeh for use in the third phase of the complex which will produce overall eight petrochemical products.

The project is also expected to create jobs for 20,000 people in the Sistan-Baluchestan province and lead to a major development of the region. It will include building 30 downstream units for the first time in Iran’s petrochemical townships.

Chabahar is strategically positioned on the shores of the Gulf of Oman, providing a transit corridor which is finding increasing prominence.

India is planning investment in Chabahar Port in a bid to open up a route to landlocked Afghanistan and the Central Asia.

Chababar is the also ideally placed to ship Iran’s petrochemicals to Asian markets which have the world’s highest demand for such products.

Iranian energy officials have said about $70 billion of investment is needed in the petrochemical industry over the next 10 years.

PressTV-Petrochemicals to transform southeast Iran

@scythian500 , Dadash, I think this is one of major projects in southern Iran which you talked about.
Very nice news.
Yes, my friend. Iran and the leader in particular is very determent in correcting our previous historical mistakes by not taking care of border areas such as Sistan va Balouchistan. The reason I'm very optimistic about the massive Jask-Makran development plan is that it is supervised directly by the leader himself. This way no project will lose momentum when a new gov is in office.

I just met a Balouchi civil engineer in Mashhad. He said, he was so desperate for job that he wanted to commit suicide as his family were pushing him to marry empty-pocketed! He said, in late spring God finally responded to him. He managed to get hired as a civil engineer in one huge office and residential complex in Chabahar with great pay and bonus. He was so happy like a person that is newly born.

This is the direct effect of such massive development plans for less-privileged areas of Iran. It brings more unity among different peoples, more hope, more quality of life and more national security while bringing billions of dollars of additional wealth to both local Baluchs and national contractors and engineers.

This petrochemical township is just one small part of the whole development plan. I'm sure with all the plan put into operation , Iranian economy will witness a big boost gradually while changing the face of under-developed Sistan va Baluchistan which is the main gain for Iran and Iranians.
 
This move is going to give a massive boost to Iranian energy exports

To you guys:P This is good. An investment in that region will pay off in many ways. Good for Iran, good for the people of the region. Let's get this thing rolling!

Dost... They are already working on 1000 MW electricty transmission line from Iran to Balochistan ... And I suppose, in future Gwadar will be getting its complete energy requirments fulfill by Iran as they are net energy exporter and we are importer

Yes, but you guys are building many power plants as well: hydro/solar/wind/coal/gas and nuclear! So indeed, you're huge population and future economic growth wil necessitate energy imports, but you'll be producing a lot more yourself too. Very interesting to watch Iran-Pakistan economic relations in the future. Great potential!
 
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