Arab Today, arab today iran denies reports on suspension of finance deal with china
Last Updated : GMT 14:54:32
Arab Today, arab today
Arab Today, arab today

Iran denies reports on suspension of finance deal with China

Arab Today, arab today

Arab Today, arab today Iran denies reports on suspension of finance deal with China

Tehran - FNA

The Iranian oil ministry denied the reports that a 20-billion-dollar finance deal between Iran and China on the development of petrochemical projects has been suspended. Iraian Mehr new agency claimed in a last week report that the agreement on financing Iran\'s petrochemical projects by China had been suspended, but the Oil Ministry\'s website, Shana, stressed that the report was baseless. According to Shana findings, the finance agreement between the two countries is a general deal and has not come into force yet, \"so the speculations on its suspension are denied\". Earlier Iranian Oil Minister Bijan Namdar Zanganeh had expressed hope the value of petrochemical products would double to reach 40 billion dollars by intensifying efforts in the sector. According to Zanganeh, the petrochemical sector can not only wane the country off selling raw materials but can help to generating value added and complete the chain of value in downstream sector through producing various products. In the meantime, deputy managing director of National Petrochemical Company (NPC) said new prices of feedstock consumed by domestic petrochemical plants will be announced in near future after taking a final decision on the issue. Speaking to Shana, Mohammad Hosain Peyvandi said transfer of petrochemical companies under the provisions of the constitution’s article 44 has caused some challenges in view of the way of providing feedstock and setting its prices, especially due to low level of price of natural gas being delivered to some petrochemical plants. He continued under the targeting 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 region.

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*

Arab Today, arab today iran denies reports on suspension of finance deal with china Arab Today, arab today iran denies reports on suspension of finance deal with china

 



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*

Arab Today, arab today iran denies reports on suspension of finance deal with china Arab Today, arab today iran denies reports on suspension of finance deal with china

 



Arab Today, arab today
Arab Today, arab today Youssra depended on colored foam

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam
Arab Today, arab today EasyJet, Lufthansa among seven to bid

GMT 06:49 2017 Tuesday ,17 October

EasyJet, Lufthansa among seven to bid
Arab Today, arab today Etiquette expert underlines importance of gifts

GMT 17:52 2017 Sunday ,03 September

Etiquette expert underlines importance of gifts
Arab Today, arab today Fighters celebrate Raqa victory

GMT 06:07 2017 Wednesday ,18 October

Fighters celebrate Raqa victory
Arab Today, arab today Hiring not part of Alibaba pledge

GMT 11:26 2017 Wednesday ,18 October

Hiring not part of Alibaba pledge
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Sidem reveals plan to improve education

GMT 15:52 2017 Friday ,06 October

Sidem reveals plan to improve education
Arab Today, arab today British actress becomes fifth woman

GMT 18:15 2017 Monday ,16 October

British actress becomes fifth woman
Arab Today, arab today Three killed, 360,000 without power

GMT 05:11 2017 Tuesday ,17 October

Three killed, 360,000 without power
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today Mercedes says recalls 400,000 UK cars

GMT 06:56 2017 Tuesday ,17 October

Mercedes says recalls 400,000 UK cars
Arab Today, arab today Britain's Vauxhall to cut 400 jobs

GMT 10:53 2017 Sunday ,15 October

Britain's Vauxhall to cut 400 jobs
Arab Today, arab today Dalal Abdel Aziz happy for “Seventh Neighbor”

GMT 09:31 2017 Monday ,16 October

Dalal Abdel Aziz happy for “Seventh Neighbor”
Arab Today, arab today India to close colonial-era military farms

GMT 18:49 2017 Monday ,16 October

India to close colonial-era military farms

GMT 12:33 2017 Friday ,13 October

Anoshka happy for reactions to her talk show

GMT 10:37 2017 Thursday ,12 October

Cara Delevingne accuses Weinstein

GMT 16:53 2017 Saturday ,02 September

Mai importance of gifts during Eid Al-Adha

GMT 12:02 2017 Saturday ,14 October

Conservation cutbacks put Brazil's

GMT 10:46 2017 Saturday ,05 August

Nanis reveals simple ideas for home renovation

GMT 23:42 2017 Monday ,16 October

Better Marriages Make

GMT 07:02 2017 Sunday ,15 October

German minister sparks uproar

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 03:59 2017 Sunday ,15 October

US mobile carriers Sprint, T-Mobile to merge

GMT 11:37 2017 Saturday ,12 August

Fashion designer reveals her new collection
Arab Today, arab today
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
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday