Oct 22, 2015, 3:01 PM
Tehran, Paris launch oil deals

TEHRAN, Oct. 22 (MNA) – Tehran and Paris oil and petrochemical deals have resumed officially.

Following four years of gap, a new load of Iran’s petrochemical products was exported to France.

The National Iranian Petrochemical Company released a short report announcing that some of Imam Khomeini Port Petrochemical Complex’s petrochemical and polymer products were, last month, sent to France as well as other EU member countries including Spain, Belgium and the Netherlands; however the national Iranian company has not provided the details.

Imam Khomeini Port Petrochemical Complex, Iran’s biggest petrochemical complex, produced more than 451,000 tons of products in September 2015 of which 195,000 tons were sent to Asian and European countries.

French oil giant Total said on Monday it is ready to provide the loans required for development of Iran’s oil sector projects once the sanctions against the country are lifted.

According to Press TV, Stephane Michel, the president of Total's Middle East-North Africa, told an energy forum in Tehran that Total is also ready to transfer the oil industry technology to Iranian companies.

He further described Iran’s oil and gas reserves as significant, stressing that the country can play an important role in the global energy market. 




News Code 111292


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