Iran Plans to Sell All Its Petrochemical Plants, Press TV Says

Iran plans to sell its petrochemical industry to investors, state-run Press TV reported, citing Oil Minister Rostam Qasemi.

All of the country’s petrochemical plants will be sold and support for commercial companies to invest in the field will be increased, according to a report published late yesterday on the news channel’s website. Qasemi was speaking yesterday in Assaluyeh, southern Iran, Press-TV said.

To contact the reporter on this story: Ladane Nasseri in Dubai at

To contact the editor responsible for this story: Andrew J. Barden at

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.