Pricing arbitrage, an incentive to attract investment in petrochemicals

According to Energy Press, Reza Sepahvand, in an interview with Shana reporter, stated that the petrochemical industry is of great importance as a productive industry and one of the country’s main priorities in the field of foreign exchange and economy, and stated: “Without a doubt, the balanced development of the petrochemical industry has an influential position in the Iranian economy, and the parliament is ready to support this path in any way.” He considered the position of the petrochemical industry, after oil, to be very extensive and influential in the Iranian economy, and added: “Petrochemical products are considered important and strategic export items of the country, and with a significant share in non-oil exports, they are considered one of the strengths of the energy sector.”