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National Iranian Petrochemical Company CEO Expresses Willingness to Cooperate with Saudi Arabia’s SABIC

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National Iranian Petrochemical Company Open to Cooperation with Major Companies

The CEO of the National Iranian Petrochemical Company, Morteza Shah Mirzaei, has expressed Iran’s willingness to collaborate with prominent petrochemical companies, including Saudi Arabia’s SABIC.

Promising Investment Opportunities in the Iranian Petrochemical Industry

During a meeting with Saudi Ambassador Abdullah bin Saud Al-Anazi, Morteza Shah Mirzaei highlighted the favorable investment opportunities in Iran’s petrochemical industry. He expressed Iran’s readiness to cooperate with large petrochemical companies such as SABIC from Saudi Arabia.

Potential for Bilateral Cooperation between Iran and Saudi Arabia

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Mirzaei stressed that Iran and Saudi Arabia, both significant regional powers with abundant oil and gas resources, can expand their cooperation in the oil and gas sectors. He mentioned the vast potential for collaboration in knowledge bases, local manufacturing, and project implementation and operation in the Iranian petrochemical industry.

Opportunities for Saudi Companies

Mirzaei expressed Iran’s willingness to collaborate and provide opportunities to major petrochemical companies like SABIC and Saudi Aramco. He highlighted the achievements of the Iranian petrochemical industry and its continuous development. Mirzaei emphasized that joint Iran-Saudi cooperation could involve a broad range of Iranian petrochemical products, goods, and equipment produced by Iranian manufacturers.

Strong Bonds of Friendship and Cooperation

Mirzaei expressed great pleasure in hosting the Saudi Ambassador for the second time at the Iranplast exhibition, emphasizing the friendship and alliance between the two countries. He stated that cooperation between Iran and Saudi Arabia knows no boundaries.

Source: Mehr

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