Tehran (IP) - Iran's Minister of Oil says petro-products cannot be sanctioned, so Iran has no problem in selling its petrochemical products.

Iran PressIran news: In response to Iran Press on the sidelines of the cabinet session on Wednesday, Javad Oji told Iran Press that the current administration was determined to stop crude sale of oil and instead produce products with added value for selling. 

Oji then referred to Setareh Khalij Fars Refinery and said the implementation of such projects was of high job-generating capacity, such that 4,000 people were working in the petro complexes. 

He said $11 billion were invested in Setareh Khalij Fars Refinery and $7 billion in a refinery in Jask Port, thanks to the strong domestic holdings.

Oji reported that the ministry sought to bring a part of the petro refineries stock into the stock market to lead the liquidity to the productivity of in oil industry and meanwhile prevent the increase of liquidity in the world. 


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