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HomeWorldEuropean NewsRegional conflict inflicts heavy damage on Iran’s petrochemical plants

Regional conflict inflicts heavy damage on Iran’s petrochemical plants


BAKU, Azerbaijan, April 11. Iran’s
petrochemical plants have sustained significant damage as a result
of military airstrikes carried out by the United States and Israel,
Hossein Alimorad, former head of development and planning at the
National Petrochemical Company (NPC), told reporters, Trend reports.

Speaking to local media, he noted that several complexes
belonging to the Persian Gulf Petrochemical Company in Bushehr
Province were struck, which is expected to negatively impact
overall production and exports.

Alimorad added that the attacks have directly or indirectly
affected the output of more than 50 petrochemical complexes in
Bushehr Province, while also leading to the suspension of
production at over 10 facilities in other regions.

He emphasized that petrochemical products account for more than
25% of Iran’s non-oil exports, underscoring the scale of the
disruption.

“The strike on the Persian Gulf Fajr Energy Company complex has
severely affected electricity supply to petrochemical plants in the
region. The power plant operating within this complex has a
production capacity of 1.5 million megawatts and played a key role
in supplying electricity to petrochemical facilities,” he said.

Alimorad further warned that delays in commissioning planned
petrochemical plants could reduce the country’s current production
by approximately 76%, leading to a decline in both exports and
revenues.

On February 28, the U.S. and Israel launched military operations
against Iran. Strikes were carried out against the country’s
largest cities, including Tehran. The White House justified the
attack by citing missile and nuclear threats emanating from the
Islamic Republic. As a result of the strikes on Iran, the country’s
Supreme Leader, Ayatollah Ali Khamenei, and several other key
figures in the leadership were killed. Iran’s Islamic Revolutionary
Guard Corps announced a large-scale retaliatory operation against
Israel. Iran also targeted U.S. facilities in Bahrain, Jordan,
Iraq, Qatar, Kuwait, the UAE, Oman, Saudi Arabia, and Syria with
ballistic missiles, cruise missiles, and drones.

The conflict has placed the region’s energy infrastructure and
maritime shipping under serious threat. Due to security tensions in
the Strait of Hormuz, global oil prices have surged.

On April 7, the U.S. and Iran reached an agreement on a
temporary ceasefire lasting approximately two weeks, aimed at
preventing further escalation of hostilities and creating
opportunities for negotiations. According to reports, the agreement
was reached with Pakistan acting as a mediator. One of the key
points is Iran’s commitment to reopen the Strait of Hormuz to
international shipping, and the parties also agreed to cease
attacks and prepare for negotiations.

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