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Iran to help reconstruct Iraq's damaged petrochemical industry

Assalouyeh, Bushehr prov., July 24, IRNA
Iran-Gas-Nematzadeh
Iran is ready to contribute to reconstruction and renovation of Iraq's petrochemical facilities, said Deputy Oil Minister Mohammad-Reza Nematzadeh here on Sunday.

Nematzadeh, also president of National Petrochemical Company (NPC) of Iran, told reporters that negotiations are underway with Iraqi officials to reconstruct Iraq's damaged petrochemical industries.

Braving ongoing insecurity in Iraq, Iran is ready to play a role in reconstruction of Iraqi petrochemical industry, said Nematzadeh, adding that Tehran would be happy to see economic development of Iraq and growth in the economic transactions and promotion of the country's technological standards.

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Copyright (c) 2005. RFE/RL, Inc. Reprinted with the permission of Radio Free Europe/Radio Liberty, 1201 Connecticut Ave., N.W. Washington DC 20036. www.rferl.org