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Mismanagement more harmful than sanctions to petchem

19 Jan 2015 - 14:19


TEHRAN Jan 19(Shana)--Iran’s petroleum minister has said that mismanagement has been more detrimental than international sanctions to the country’s petrochemical sector in recent years.
“The sanctions have not prevented petrochemical industry from developing, but mismanagement is to blame for non-development of the petrochemical industry in recent years,” Bijan Namdar Zangeneh said.
“There was no determination for the development of this industry,” he said, adding that qualified managers had been dismissed under former president Mahmoud Ahmadinejad.
Zangeneh said Iran’s petrochemical plants would face no problem of feedstock shortage next year.
By SHANA

 

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Story Code: 146187

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