Iranian Oil Bourse - Petrochemical Exporting Countries Forum (PECF)

Petrochemical Exporting Countries Forum (PECF)

See also: Gas Exporting Countries Forum

Iran has proposed the creation of a Petrochemical Exporting Countries Forum (PECF) which aims at financial and technological cooperation among members, as well as product pricing and policy making in production issues. According to the Managing Director of National Iranian Petrochemical Company (NIPC), Abdolhossein Bayat, Iran, Saudi Arabia, UAE, Russia, Qatar, and Turkey are potential members of PECF.

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