Iran News In Brief (30/Dec/2019)

30 December, 2019

A new head appointed for Iran Farabi Petrochemical Co.
According to the PR office of Tamin Petroleum & Petrochemical Investment Co. (TAPPICO), managing director of Fanavaran Petrochemical Co. Ali Nazarpour appointed Mahmoud Fakhraiee as the head of Farabi Petrochemical Co. Fakhraiee used to be head operating department at Fanavaran Petrochemical Co. Among the other positions he used to hold is the board member of Fanavaran Petro-Olefins Co.

Trades worth above $2.55b at IRENEX: CEO: MNA

Shapour Mohammadi CEO of Iran's Securities and Exchange Organization (SEO) informed that the value of trades at Iran Energy Exchange (IRENEX) has reached Rials 330 trillion (about $2.55 billion, free market exchange rate) since the beginning of the current Iranian calendar year (March 21).

Iran's Gas Transport Network Needs Renovation: Financial Tribune

Iran has 37,000 kilometers of high-pressure gas pipelines and more than 2,000 trucks to transport CNG, a large part of which need renovation, Majid Mosadeqi the manager for operations coordination at the Iranian Gas Transmission Company said.

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