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Russia and Turkey will help iran in Petrochemical projects

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Russia, Turkey to develop Iran petchem ‎
Mon, 02 Aug 2010 09:40:11 GMT

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Russia, Turkey to develop Iran petchem ?

A senior Iranian oil official says Russian and Turkish companies will cooperate with Iran to develop upstream units of its petrochemical projects.

"The National Iranian Petrochemical Company (NIPC) had held negotiations with Russia's SIBUR company in the past, and in recent visit of Iranian Oil Minister Masoud Mirkazemi to Russia the continuation of talks has been underlined," SHANA news agency quoted NIPC Managing Director Abdolhossein Bayat as saying on Monday.

Bayat further added that SIBUR officials are eager to cooperate with Iran in upstream sector of petrochemical projects.

Russia's largest petrochemical holding SIBUR has been negotiating with the NIPC over the construction of major petrochemical plants for about a year, the company's president Dmitry Konov stated last month.
 
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