Iran has set aside over US$14 bln for investment in the petrochemical sector of the South Pars phase 2, scheduled to be operational within the next five years.
Engineering operations of projects of Mehr, Kavian, Lavan, and Mobin 2 have been launched along with commencement of the construction operation of others. The ammoniac and urea, methanol and aromatic 4 projects are to be commissioned in the near future.
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