Iran's NPC inks deal with CPCIF to develop petchem park
The signing of the MoU followed the agreement between the presidents of Iran and China in 2015 on the expansion of bilateral cooperation in the energy sector
Petrotahlil- According to the country’s media sources, Iran’s National Petrochemical Company (NPC) and China Petroleum and Chemical Industry Federation (CPCIF) have signed a memorandum of understanding (MoU) to collaborate on the construction of a new petrochemical park in Iran
As part of the agreement, NPC, which is responsible for the development and operation of the country’s petrochemical sector, is expected to determine the location for the construction of the park. Construction is scheduled to start following the completion of studies for the project, the media reported
The signing of the MoU followed the agreement between the presidents of Iran and China in 2015 on the expansion of bilateral cooperation in the energy sector
