Iran reports adequate supply of petrochem feedstock

Financial Tribune – Unlike previous years when some petrochemical plants had to be shut down due to lack of feedstock in winter, natural gas in sufficient volumes from South Pars Gas Field will keep all petrochemical complexes in full operational condition, head of the National Petrochemical Company said Saturday.

“Annual gas (natural and liquefied) delivery as feedstock to 56 petrochem plants is 33 million tons used to produce derivatives such as plastics, detergents, solvents, paints, fertilizers, pesticides, synthetic fibers and rubbers,” Behzad Mohammadi was quoted as saying by the Oil Ministry news portal.

Of the total feedstock, 77% is natural gas and liquefied gas accounts for the rest. The figures will reach 86% and 14% respectively by 2025, he said.