Hassan Abbaszadeh, Deputy Petroleum Minister and CEO of the National
Petrochemical Company (NPC), stated that the sector produced 22 million tonnes
of products during this period, with significant contributions to domestic
industries and the national foreign exchange system.
“In addition to supporting downstream industries with $2.5 billion
worth of feedstock, we are fostering better integration among industry players
to enhance coordination and governance,” Abbaszadeh said, highlighting new
monthly meetings between petrochemical holdings.
The NPC is also focusing on expanding global interactions in
financing, technology acquisition, and market entry, particularly targeting
underutilized markets like Africa. Additionally, two new export terminals were
launched to reduce shipping delays and improve logistical efficiency.
Looking forward, Abbaszadeh announced plans to double production
capacity within a decade, develop untapped gas fields to secure sustainable
feedstock, and review inactive projects for potential revival. He also stressed
the importance of aligning with global industry trends and expanding the value
chain to reduce $2 billion in annual petrochemical imports.
A comprehensive development plan is underway to assess and promote
downstream opportunities across all provinces, aiming to attract investment and
stimulate localized industrial growth.