Petrochemicals make up over 80 per cent of Iran province's exports

Oil&Gas Materials 1 October 2012 15:14 (UTC +04:00)

Azerbaijan, Baku, Oct. 1/ Trend M. Moezzi

More than 1.9 million tons of petrochemical exported from Iran's Khuzestan Province were valued at more than $1.47 billion dollars (USD) in the first half of this solar year (starts March 20), the IRIB reports.

That accounts for 81 per cent of Khuzestan Province's value of exports, the director of the Khuzestan Customs Administration, Abbas Alidadi said.

Various kinds of polyethylene, ammoniac and light naphtha were among Khuzestan's exports. The products head to Southeast Asian countries, the Persian Gulf region and Europe.

Most of Khuzestan's petrochemical exports leave Iran through the Imam Khomeini, Abadan and Khorramshahr ports.

There are 16 petrochemical complexes operating in the province.

On September 29, Abdolhossein Bayat, managing director of the National Petrochemical Company, told IRIB News that Iran exported roughly $6 billion worth of petrochemicals in the first six months of this year.

Bayat said that figure is projected to exceed $15 billion by the end of the year.

Last year, Iran exported 16.2 million tons of petrochemical products to 60 countries around the world.

Europe and China were Iran's biggest petrochemical customers, followed by Southeast Asia, the Middle East, the Subcontinent, Africa and Latin America.