INSUBCONTINENT EXCLUSIVE:
TEHRAN - Hossein Alimorad, the head of the international affairs department of the National Petrochemical Company (NPC), has said Venezuela
in dire need of development because of the U.S
official said: "Foreign companies and countries are interested in participating in Iran's petrochemical industry, and despite the sanctions,
many companies are reaching out to us in this regard."Alimorad further emphasized that when the government pays special attention to a
different countries and reputable companies across the world are repeatedly visiting Iran to cooperate with our petrochemical industry and
calendar year (started on March 21), relying on domestic capacities and international contracts.In the field of oil, petrochemical,
upstream, and downstream industries, $200 billion of investment is needed, a significant part of which has been provided by 50 contracts
suppliers of foreign currency for the country.EF/MA
