Iran to boost global trade in gas by-products: CEO

TEHRAN, March 26 (Shana) – Managing director of the National Iranian Gas Company (NIGC) said that following removal of sanctions and the increase of refineries’ output, the firm is determined to raise its presence in the global market of gas by-products.

“All the sulfur and LNG produced at the refineries are sold out,” Hamid-Reza Araqi told Shana adding that marketing activities to put up further products for sale is on the agenda.

“We need to adapt with the international markets,” he said, “NIGC sets the price of its by-products based on the market fluctuations.”

By SHANA