Iran Economy NewsIran produces fuel in 5 petrochemical plants to face...

Iran produces fuel in 5 petrochemical plants to face sanctions

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Bloomberg: Iran is producing gasoline in five of its petrochemical plants as part of a plan to halt imports and counter international sanctions, the state-run Mehr news agency reported.

By Ladane Nasseri

Sept. 27 (Bloomberg) — Iran is producing gasoline in five of its petrochemical plants as part of a plan to halt imports and counter international sanctions, the state-run Mehr news agency reported.

Iran is producing fuel in the petrochemical complexes of Imam Khomeini port, Amir Kabir, Jam, Nouri and Arak, Ali- Mohammad Bosaghzadeh, director for production control at the National Petrochemical Co., was cited as saying by Mehr late yesterday.

Gasoline production in its Bu Ali Sina petrochemical plant was stopped in order to make aromatic products for domestic demand, Bosaghzadeh said.

Iran faces international sanctions over its nuclear program, which the U.S. and its allies accuse of being a cover for the development of atomic weapons. Iran rejects the claim.

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