Part of Gachsaran Petrochemical Complex's Oil Revenues to Support Production, Employment Sectors


Part of Gachsaran Petrochemical Complex's Oil Revenues to Support Production, Employment Sectors

TEHRAN (Tasnim) – Iran’s President Ebrahim Raisi said the Oil Ministry has been obligated to spend part of revenues earned from the oil fields of Kohgilouyeh and Boyer-Ahmad Province to meet public needs, including in the fields of production and job opportunities.

On the second day of his provincial visit on Tuesday, Raisi described the southwestern province’s rich oil reserves as its great potential for development.

He urged officials to give top priority to addressing problems that can be resolved more speedily and second priority to time-consuming projects such as construction of refinery-integrated petrochemical plants and refineries, SHANA reported.

Earlier in the day, the president referred to the inauguration of the Gachsaran Petrochemical Complex and Chamshir Dam and added the two projects became operational thanks to redoubled efforts.

The Gachsaran Petrochemical Complex, a project that has cost some $1.4 billion, was inaugurated on Monday in a ceremony in the presence of President Ebrahim Raisi in southwest city of Gachsaran in Iran's Kohgiluyeh and Boyer-Ahmad province. 

Top Economy stories
Top Stories