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Ahmadinejad says Iran should focus on oil downstream industry

  • Iran: Saturday, January 05 - 2013 at 05:14

Iranian president Mahmoud Ahmadinejad has said the country should establish more processing industries in the oil and gas sectors to reduce dependency on exports of crude oil, Fars news has reported. The government has made plans to replace crude oil exports with oil derivatives to save the value-added available in processing of the crude oil, enabling national economy to enjoy the lucrative downstream industry in the oil sector, Ahmadinejad told reporters on the sidelines of the weekly cabinet session.

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