TEHRAN (Dispatches) - Iranian Petroleum Minister Bijan Zangeneh on Monday said that Washington has been unable to bring the Islamic Republic’s energy and oil activities to a halt despite unilateral sanctions imposed on the country.
Addressing a ceremony to launch gas supply to 77 Iranian villages, Zangeneh said, "Sanctions are not permanent. We need to increase our oil production capacity so that we can return to the market with strength.”
He reiterated importance of increasing the capacity of oil production for Iran, and said, "By doing this, we will take back the share of Iran from the global market.”
Zangeneh, meantime, hailed the amount of Iran’s exports of petroleum products, and said gas distribution projects had facilitated exports of petroleum products.
"The amount of the exports of petroleum products in Iran have been unprecedented thanks to gas distribution projects,” he said.
The minister underlined that the activities in the oil industry have continued vigorously for more than two years since the sanctions were imposed.
"We stand firm and buoyant to serve the goal of serving the people,” Zangeneh said. "There are many problems, but we have kept the activities in the oil industry alive during the two years that have passed since the sanctions were imposed.”
He said that now two years and three months have passed since the severe sanctions against Iran were imposed and during this period not only no plans in the oil industry had not been halted, but "we have also started new plans”.
Iran to Launch 3 Petrochemical Projects by Weekend
Zangeneh said the country would launch Kaveh Methanol, Pars Kimia Middle East and Lorestan Catalyst projects on Thursday (August 6), saying inauguration of 17 petrochemical projects is planned by the end of this calendar year.
In response to a question about the opening of three petrochemical projects on Thursday this week, he said: "Kimia Pars Middle East with a daily production capacity of 5,000 tons of methanol, Kaveh Plant with a daily production capacity of 7,000 tons of methanol and Lorestan Catalyst Plant will be inaugurated this week.”
The volume of Lorestan catalysts is not high, but this plant is strategically important because if there is no catalyst, the operation of many processes will not take place, he explained.
******Iranian Petroleum Minister Bijan Zangeneh