Oman to Withdraw From Iran’s Petrochemical Project, Mehr Says
This article is for subscribers only.
Oman will withdraw from a project to build a petrochemical plant in southern Iran, the Mehr news agency cited Abdolhossein Bayat, the managing director of the National Iranian Petrochemical Co., as saying.
Oman refused to continue with the project after a dispute about the price of raw materials, Bayat said, according to the Mehr report published yesterday. He added that Oman’s decision wasn’t triggered by the imposition of international sanctions against his country.