“By founding steel and aluminum production plants in the country through foreign investments, we would be able to utilize the liquefied natural gas (LNG) from Assaluyeh region and compensate for the failure in its exports to a great extent”, added Abdullah E’zazi who was commenting on the problems facing the export of LNG from the region.
He also stated that currently, establishing a steel plant with a production capacity of 4 million tons in Bandar Abbas Special Economic Zone is being reviewed by the officials. The plant is to be invested by an Indian investing company, the report also said.
The official also explained that the foreign companies’ products are mainly exported to the world markets however, by providing them with their required ore and gas we would be able to gain access to some of the gas incomes.
RA/MA
END
MNA
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