Turkey, Egypt agree to Iran’s proposed petrochemical OPEC

21-May-13
National Iranian Petrochemical Organization (NIPO) says Turkey and Egypt have agreed with Iran's proposal to form an international petrochemical association similar to the Organization of Petroleum Exporting Countries (OPEC), as per Press TV. "On the sideline of the petrochemical conference of the D8 group of countries, Turkey and Egypt, as the two biggest producers of petrochemical products and engineering polymers in the Middle East, agreed to Iran's oil proposals," NIPO Managing Director Abdolhossein Bayat said. Bayat noted that Iran would hold talks with several other petroleum producing Islamic countries in the near future to further discuss the establishment of an international petrochemical association.
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