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Oil minister: 23 key projects worth $4.6b set for inauguration
Javad Owji told reporters on Wednesday that among the projects are the collection of flare gases, increasing petrochemical capacities, building oil product transfer lines, and enforcing clean air laws, SHANA reported.
With upcoming projects, the Oil Ministry, in addition to major projects such as increasing oil and gas production and exports, preventing crude oil sales, and building refineries, has also achieved significant successes in downstream and ancillary industries.
The minister stated that in the coming weeks, we are ready to utilize 23 major projects worth $4.6 billion, including petrochemical plants that can increase our petrochemical production capacity by up to 3 million tons.
Furthermore, the ministry will also start operating 460 kilometers of oil product pipelines, he said, adding that currently, oil products are transported to consumption centers by road tankers, and the collection of these tankers through the operation of these pipelines will bring numerous benefits.
The oil minister referred to other projects that will be inaugurated in the coming weeks, such as the construction of gas pipelines, booster stations, and the collection of flared gases totaling 4 million cubic meters as among the projects opening.