Azerbaijan, Baku, May 21/Trend M. Moezzi
Unemployment would end in Iran if industries and manufacturers domestically used the 18 million tonnes of petrochemical products exported annually, said President Mahmoud Ahmadinejad during his visit to the Persian Gulf port city of Mahshar.
Greater development of downstream petrochemical industries is essential because it would create added value, bring in greater revenues and create jobs, Mehr news agency reports Iran's President as saying.
If it would lead to the creation of greater added value, then cutting off Iran's oil exports would be worth it, said Mr. Ahmadinejad.
The president attended the inauguration of the Arvand Petrochemical Complex and a second pier for loading petrochemicals at the Petrochemical Special Economic Zone (PETZONE), today.
In his speech marking the opening of the Mahshahr projects the president reviewed the country's progress since the Islamic Revolution, noting that Iran produced 6 million barrels of oil a day and "gave away" 4.5 million barrels to the West, while today oil costs $100 to $110 a barrel.