Iran Forms Joint Task Force to Secure Petrochem Feedstock Supply

Iran Forms Joint Task Force to Secure Petrochem Feedstock Supply
(Saturday, August 2, 2025) 11:44

MAHSHAHR (NIPNA) – A joint task force led by the National Petrochemical Company (NPC) and the National Iranian South Oil Company (NISOC) has been established to address feedstock supply challenges and implement recent resolutions aimed at ensuring stable inputs for southwestern petrochemical complexes.

 

The decision was announced following a high-level technical meeting held in the Petrochemical Special Economic Zone (PSEEZ) on Wednesday, bringing together key stakeholders from the oil, gas, and petrochemical sectors.

Hassan Abbaszadeh, Deputy Petroleum Minister and NPC CEO, emphasized the need to optimize the supply of gas, gas liquids, and condensates. He called on NISOC to meet its full contractual commitments and align its operational capacity with the requirements of downstream petrochemical facilities.

Abbaszadeh also highlighted the expansion of the special economic zone and diversification of feedstock — particularly incorporating crude oil — as key NPC priorities.

Ebrahim Piramoon, Managing Director of NISOC, voiced support for joint upstream investments with petrochemical firms, and underscored the environmental and operational benefits of eliminating routine flaring, which would also enhance feedstock quality.

Zari Meydani, CEO of Khuzestan Gas Company, affirmed the company’s commitment to gas delivery agreements and expressed readiness to deepen cooperation with petrochemical plants in the region.

Senior executives from Bandar Imam, Marun, Bidboland Persian Gulf, Howeyzeh Persian Gulf, Fajr Energy, and representatives from Persian Gulf Petrochemical Industries Company (PGPIC) and TAPPICO shared their challenges and proposals.

The session concluded with an agreement to establish a joint working group under the leadership of NPC’s production division and NISOC to follow up on feedstock-related issues and execute action plans to boost operational reliability across the petrochemical value chain.

 


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