Iran Guns For Top Position In Middle East Petrochemicals Market

Now that its Guriyeh-Jask oil pipeline has been finalised, Iran’s core focus in any sanctions environment remains the ongoing development of its huge West Karoun oil fields and its supergiant South Pars non-associated gas offshore sector, and the optimisation of its already world-scale petrochemicals sector.

Increasing output and revenues from its petrochemicals sector has always been key to Iran’s ‘resistance economy’ model, the concept of generating value-added returns by leveraging intellectual capital into business development…