TEHRAN – Iranian Minister of Petroleum Javad Owji said the development of Golestan Petrochemical Plant will begin soon.
Owji said that major holding companies are stakeholders of the project which will soon become operational for the regional people to benefit from.
This petrochemical complex, the majority of whose shareholders were the people, has gone through many problems in the last few years, but fortunately, following the follow-ups of the representative of Golestan Province, the Ministry of Petroleum and the National Petrochemical Company, a working group has been formed to follow up the work in a specialized manner, he said.
He added: “We have requested the National Petrochemical Company and the Persian Gulf Petrochemical Industries Company (PGPIC) to invest in this petrochemical project and buy its shares, which fortunately has been approved. I believe that due to the addition of new shareholders, there will be a good change in the Golestan Petrochemical Complex soon.”