Dutch Companies Weighing Iran Market

Speaking on the sidelines of the 22nd Iran International Oil, Gas, Refining and Petrochemical Exhibition (Iran Oil Show-2017), the Dutch official said her country is seeking ways to establish cooperation with Iranian partners in petrochemical projects.

“We are trying to find the best methods for linking Iranian and Dutch banks so that financial transactions can be facilitated between them,” she said during a meeting with Managing Director of National Iranian Petrochemical Company (NPC) Marziyeh Shahdaei on the sidelines of the showcase. 

Trestal said many Dutch companies have indicated readiness to join projects in Iran’s petrochemical sector. 

She said direct financing of projects by Dutch companies is a difficult issue given the banking restrictions that still exist in dealing with Iran because of the sanctions on Tehran’s nuclear program.