MP Calls on NPC to Function as Petchem Regulator

MP Calls on NPC to Function as Petchem Regulator
(Tuesday, August 7, 2018) 18:26

TEHRAN (NIPNA) -- A member of the energy committee of the Iranian parliament called on the National Petrochemical Company (NPC) to function as the regulator of the petrochemical industry in order to ensure its rapid development.

Speaking to NIPNA, Abdolhamid Khedri said NPC, as a developmental organization, should act in line with the macro-policies of the country and function as the petrochemical regulator.

"Iran's petrochemical industry is materializing its second leap and NPC can be instrumental in this regard by macro-planning and functioning as the sector's regulatory body," the MP said.

In the future, NPC must be concerned with developmental policy-making in the sector and set the ground for progress of the petrochemical industry, he added.

Weaning the economy off sale of crude oil and gas and completion of the value chain in the petrochemical sector must be NPC's top concerns in the future, he further added, outlining the company's major responsibilities in the years to come.  

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