NIGC Stresses Support for Petchem Industry

NIGC Stresses Support for Petchem Industry
(Tuesday, September 2, 2025) 15:38

TEHRAN (NIPNA) – The National Iranian Gas Company (NIGC) emphasized the importance of close cooperation with the country’s petrochemical sector to ensure a steady supply of feedstock and fuel, officials said on Saturday.


Speaking at the 33rd meeting of CEOs of Iranian petrochemical producers, Saeed Pak-Sarasht, NIGC’s Integrated Planning Director, described the gas and petrochemical sectors as “connected links in a single value chain,” with upstream production handled by the National Iranian Oil Company, midstream by NIGC, and downstream consumption by petrochemical firms.

He said that while NIGC does not control gas production, optimizing supply and consumption is crucial to minimizing energy shortfalls. “If we can ensure reliable feedstock for petrochemicals, it will yield broader national benefits,” Pak-Sarasht added.

The official also highlighted the need for energy efficiency and proper governance, noting that despite Iran’s abundant fossil fuel reserves, energy shortages persist, underscoring the importance of careful management and investment in infrastructure.

 


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