Ismail Ghanbari made this announcement during a visit to inspect
the progress and activities in the site's workshops at a meeting of Kian
Petrochemical's board of directors.
He emphasized that Parsian Oil and Gas Development Company
is committed to supporting the project's progress and development by securing
financial resources from the ongoing financiers.
Ghanbari stressed the importance of shareholders' support in
resolving Kian's foreign exchange commitments and urged Kian's management team
to pursue relevant channels for these matters diligently.
The CEO of Parsian Oil and Gas Development Company
continued, "To overcome the hurdles posed by foreign exchange commitments
and to provide the necessary financial resources, Parsian is engaged in
negotiations with other shareholders to coordinate and provide comprehensive
assistance to Kian. We are committed to addressing these matters
He emphasized the importance of adhering to the scheduled
timeline for managing current affairs by Kian's management team and continuous
follow-up to secure and allocate the required financial resources for the
payment of confirmed invoices by the main shareholders (Parsian and
Ghanbari also highlighted the need for the organization to
hold planning and management meetings with OIEC Company to outline the ongoing
work plan and to process orders for registered goods, stating, "Continuous
follow-up and communication of results to shareholders are essential."
The CEO of Parsian Oil and Gas Development Company added
that Parsian is dedicated to the customs clearance of goods currently in the
Kian Petrochemical project.
Abdullah Yavari, a member of Kian Petrochemical's board of
directors and CEO, pointed out the most significant obstacles to the project's
progress, which include legal and judicial issues concerning the bank's foreign
exchange commitments, customs clearance of goods, and financial and credit
resource acquisition to complete the Kian project.