The Memorandum of Understanding for completing the value chain of Ilam Petrochemicals was signed on Tuesday with the efforts of Ahmad Karami, the governor of Ilam, and the representatives of the people of Ilam province in the Islamic Consultative Assembly. This memorandum has been signed to create a suitable platform for the development and completion of the value chain in petrochemical industries in this province.
Objectives and Benefits of the Memorandum
This memorandum aims to enhance the existing capacities in the petrochemical industry of Ilam and create job opportunities for the youth of the province. The petrochemical capacities of Ilam are designed to meet the needs of the domestic market as well as exports to neighboring countries. It is anticipated that with the implementation of this memorandum, the production capacity of petrochemical products in this field will increase.
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Project Details and Its Impacts
The development of the petrochemical value chain in Ilam includes various stages such as extraction of raw materials, processing, and production of final products. This project, considering the existing capacities in the Ilam oil field and the natural resources of the province, can contribute to increasing daily oil and gas production as well as enhancing productivity. According to statistics, the daily production capacity of the Ilam oil field reaches about 35,000 barrels of oil, and with the implementation of this memorandum, it is expected that this amount will increase to about 50,000 barrels.
Additionally, this project can help develop transportation and logistics infrastructure in Ilam province and strengthen trade relations with neighboring countries. This agreement can be seen as a positive step towards the economic independence of Ilam province and can contribute to sustainable growth and development in the province.
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