Iran’s export of petrochemicals hits $4.3bn in six months
Iran has exported some 4.3 billion dollars worth of petrochemicals during the first six months of the current Iranian calendar year, which started on March 20.
The country sold more than 10 million tonnes of a variety of petrochemicals at Asian markets mainly in the aforementioned period.
The installed capacity of Iran’s petrochemical industry has reached some 63 million tonnes and is projected to stand at 130 million tonnes by 2020.
According to Iran’s Ministry of Petroleum, the country produced 24.958 million tonnes of petrochemicals in the same period.
Iran exported more than 1.513 million tonnes of a variety of petrochemicals worth at 585.6 million dollars only in the Persian calendar month of Shahrivar (August 22-September 21.)
The figure points to a growing trend in the exports following the implementation of last year’s nuclear agreement, known as the Joint Comprehensive Plan of Action (JCPOA), and easing of sanctions as well as banking restrictions.
On January 16, Iran and the five permanent members of the United Nations Security Council – the United States, Britain, France, China and Russia – plus Germany started implementing the JCPOA, which they had clinched on July 14, 2015.
Under the nuclear agreement, Iran agreed to limit its nuclear program in return for the termination of all nuclear-related sanctions against the Islamic Republic.
Tehran economic conference: Raeisi hails Iran-Africa expansion of ties
What to expect after President Raeisi's visit to Pakistan
Raeisi attends inauguration of Iran-built mega multipurpose project in Sri Lanka
Tehran economic conference: Raeisi hails Iran-Africa expansion of ties
VIDEO | Press TV's news headlines
Severe heat wave hits India as phase 2 of polling begins
What to expect after President Raeisi's visit to Pakistan
China describes Iran as ‘strategic partner' in West Asia
April 25: ‘Axis of Resistance’ operations against Israeli occupation
Hezbollah hits Israeli military sites near border with rockets, drones
Rwandans say UK deportation 'another brutal manifestation of neo-colonialism'
This makes it easy to access the Press TV website
