iran plans to revise feedstock prices
Last Updated : GMT 06:49:16
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

Iran plans to revise feedstock prices

Arab Today, arab today

Arab Today, arab today Iran plans to revise feedstock prices

Tehran - FNA

New prices of the feedstock consumed by domestic petrochemical plants will be announced in the near future, officials said. Speaking to Shana, Mohammad Hossein Peyvandi said privatizing petrochemical companies under the provisions of Article 44 of the Constitution has caused some challenges for the supply of feedstock and price setting, especially due to the low level of the price of the natural gas being delivered to some petrochemical plants. He added that under the targeted subsidies law the price of feedstock has been set based of 65 percent of FOB prices in the Persian Gulf which will remain unchanged for ten years in order to encourage investment in oil, gas and petrochemical sector; a law which needs transparency because there is no a benchmark for gas exports in Persian Gulf. When we talk about natural gas we should make it clear whether we are talking on rich gas or methane, because for producing urea and methanol you don’t need to enrich gas but you can use methane, Peyvandi told Shana. Having said that Iran, Saudi Arabia, Qatar and Oman are the main exporters of urea and methanol in Persian Gulf region, he said setting an equal price has many advantages. Various proposals have been presented for setting the price of feedstock and we will make the best decision after conducting an all-out study so that it meets the utmost interests of petrochemical companies, NPC official concluded.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

iran plans to revise feedstock prices iran plans to revise feedstock prices

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

iran plans to revise feedstock prices iran plans to revise feedstock prices

 



GMT 10:06 2012 Saturday ,28 July

Querrey advances at ATP LA Open

GMT 21:15 2017 Thursday ,01 June

Trump condemns deadly Kabul explosion

GMT 02:15 2017 Thursday ,24 August

Is your country on the Qatar free entry list of 80?

GMT 19:48 2016 Monday ,03 October

Controversial boxing champ Tyson Fury retires

GMT 08:20 2015 Tuesday ,08 December

PC market woes show no sign of easing

GMT 17:27 2017 Tuesday ,25 April

20 Yemeni soldiers killed, injured in explosion

GMT 11:52 2017 Saturday ,30 December

OIC condemns Mar Mina Church attack

GMT 00:03 2017 Saturday ,25 March

Arab Meeting to Examine Anti-Corruption Methods

GMT 13:12 2017 Thursday ,20 April

Deputy premier meets Arab League chief

GMT 14:13 2014 Friday ,10 January

Opel Astra GTC

GMT 18:27 2016 Tuesday ,02 August

Turkish Foreign Minister arrives in Islamabad

GMT 11:27 2016 Tuesday ,13 December

Saudi woman arrested for challenging social norms
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday