Source: AFP, Tehran
Iran, Opec's number two crude oil producer, on Sunday inaugurated its first bourse for oil products and petrochemicals, in a bid to become a major player in the global downstream industry.
Iran hopes that its oil goods bourse can lead the way for a domestic downstream industry to match its upstream crude oil production, the country's main foreign currency revenue winner.
"We have been a good seller (of crude oil) and now we have a higher objective to have a share in the oil trade," Oil Minister Gholam Hossein Nozari told reporters.
Iran, Opec's number two crude oil producer, on Sunday inaugurated its first bourse for oil products and petrochemicals, in a bid to become a major player in the global downstream industry.
Iran hopes that its oil goods bourse can lead the way for a domestic downstream industry to match its upstream crude oil production, the country's main foreign currency revenue winner.
"We have been a good seller (of crude oil) and now we have a higher objective to have a share in the oil trade," Oil Minister Gholam Hossein Nozari told reporters.
