News Agency - Detail

IIC Covers 27 Petchem Companies

IIC Covers 27 Petchem Companies
(Tuesday, February 10, 2015) 12:18

TEHRAN Feb10(NIPNA)--Iran Insurance Company (IIC) provides insurance coverage for 27 petrochemical companies in Iran, said IIC managing director.

Mahmoud Amrollahi said the Persian Gulf Holding is IIC's largest customer that receives its insurance services. 

He said the IIC has formed up an insurance consortium to supply insurance coverage for all the country's petrochemical companies. 

"IIC enjoys an active presence in Iran's oil, gas and petrochemical industries," added Amrollahi, saying the company's share in many petroleum projects exceeds 50% of the coverage and the other 50% is distributed among other insurance companies in the consortium. 

IIC provides insurance coverage to phase 1 through 10 of the supergiant South Pars gas field and has entered into numerous insurance contracts with major petroleum companies in Iran in recent years. 

Furthermore, insurance for phases 11, 12, 13, 22, and 24 of the gas field in its offshore and onshore facilities is also provided by the company, added the official, expressing IIC's readiness to engage into new contracts with major petroleum companies in Iran. 
Email is required
Characters left: 500
Comment is required