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Regions :: Middle East :: Iran
India eyes urea plant at Iran’s Chahbahar petchems hub
9:18 AM MDT | May 23, 2013
India has proposed to build a urea manufacturing plant at the petrochemicals hub at Chahbahar, Iran, using natural gas as feedstock, Iranian news agencies report. India has also agreed to provide Iran with financial assistance to develop the Chahbahar port. Iran recently confirmed that it is establishing a major petrochemicals hub at Chahbahar, on the the Gulf of Oman coast. India has a major shortage of natural gas and many of its gas-based fertilizer plants are working at reduced capacity. The country imports 20–30% of its annual urea requirements. Iran...
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