Philippines Considers Investing in Iran Petchem Sector

Tehran and Manila held talks on enhancing energy ties and petrochemical investment in Iran.

Iranian Minister of Petroleum Bijan Zangeneh and Jose De Venecia, special representative of the Philippines president, met in Tehran on Tuesday to discuss energy ties and petrochemical investment in Iran.

Supplying feedstock to refineries in Philippines by Iran and financing petrochemical products in Iran by Philippine investors were the meeting’s highlights.

Jose Claveria de Venecia Jr. also known as JDV or Joe De V (born December 26, 1936) is a former Speaker of the House of Representatives of the Philippines, serving from 1992 to 1998 and from 2001 to 2008.

(Source: Shana)

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