Pricing of feed and gas of petrochemical industries was formulated – Tejaratnews

According to Tejarat News, Ahmed Mahdavi Abhari, Secretary of Petrochemical Industry Employers’ Association, said: Representatives of the Ministry of Security are present in the meetings due to the issue of feed and gas pricing in petrochemical industries, and ironically, they have constructive suggestions about the formulation of feed and gas prices, including the fact that in Gas price calculations in the hubs (FFT and NBP of Europe) should be considered in the calculations.

As an association of petrochemical companies, our opinion is that more weight should be given to the European hub in the pricing formula and the formula should be such that the result (including the four international hubs of Henry, Alberta, FFT and NBP) should not be more than 12 to 14 be a tradition Also, the fuel gas rate should be calculated at a maximum of 50% of the feed.

If the pricing is approved and communicated in this way, it will be applicable from this date and will not be retroactive. That is, the feed price of petrochemical units in the last 5 months of the year is 5000 Tomans.

Source: Bazaar