File photo shows a petrochemical plant in southern Iran.[/caption]TEHRAN (FNA)- The Iranian Parliaments Industries and Mines Commission has approved a new price for feedstock used by petrochemical plants, a ranking Commission member said.
Head of the Commission's Petrochemical Committee Moayyed Hosseini told the oil ministry's website that the committee had reached an agreement on fixing the new price of 18 cents per each cubic meters of gas for delivery to petrochemical plants.
He added that two offers were on the table; a number of MPs believed that 18 cents was expensive and unaffordable and insisted on 13 cents while the others insisted it was fair.
The new price was approved by 18 vote in favor and 11 against it. The new price needs confirmation by Integrated Committee before goes to open session of parliament for final approval.
By Fars News Agency
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