Shell signs letter of intent to study petchem projects in Iran

摘要

In a move that could signal Royal Dutch Shell’s return to the petrochemical scene in Iran, the company signed a letter of intent (LOI) on 9 October with National Petrochemical Co. (NPC; Tehran, Iran) covering cooperation in the energy sector, including petrochemicals. The LOI was signed by NPC CEO Marziyeh Shahdaei and by Hans Nijkamp, Shell's head of Iran affairs. Shell has confirmed to CW it has signed the document. "We can confirm that we have expressed our interest to further explore potential areas of cooperation with National Petrochemical Co. through a letter of intent," the company says.