Morteza Shahmirzai, while visiting the Arta Energy Petrochemical
Project as one of the initiatives aiming to complete the value chain, stated,
"Companies and investors can take advantage of a 30% feedstock discount by
developing their value chain."
Shahmirzai emphasized that the National Petrochemical Company fully
supports investors and companies in line with the overarching strategy of
completing the value chain.
He noted, "One of the capacities foreseen by the government in
the seventh five-year development plan for the petrochemical industry is the
incremental feedstock discount."
The Deputy Minister of Petroleum explained that methanol production
units, upon completing the value chain, will receive up to 30% feedstock
He further elaborated, "Investors in petrochemical projects can
also benefit from a 20% to 30% feedstock discount based on their level of
investment in value chain completion."
Shahmirzai added, "Developing downstream industries, increasing
value-added, creating employment opportunities, diversifying the export product
basket, and enhancing the economic and social welfare of the community are
among the most significant features of the country's petrochemical value chain
Arta Energy Project on the Brink of Operation
The CEO of the National Petrochemical Company referred to the Arta
Energy Project as a successful initiative in completing the value chain.
He stated, "This petrochemical project, primarily producing
methanol, is one of the projects that qualify for stepwise feedstock discount
by fully completing the chain until the production of the final product,
He underscored, "This petrochemical project located in Namin
County (Ardabil Province), with a 131 million Euro investment, is set to begin