The
project is executed in the Pars Special Economic Energy Zone (PSEEZ).
PSEEZ was established in 1998 under the supervision of the National
Iranian Oil Company based on an authorization accorded by the High
Council of Free Zones.
Covering an area of 10,000 hectares, the zone lies east of the Bushehr
Province and 100 Kms away from the maritime South Pars Gas Field.
The
zone is located on the coast of the Persian Gulf and has access to the
rich hydrocarbon resources in the region with its reserves estimated at
14 trillion cubic meters of gas and 18 million barrels of condensates
providing suitable conditions for investment.
Considering
availability of feedstock provided through different developed gas field
phases, many petrochemical projects have been developed in PSEEZ
including Kavian P.C
|