Iran Lawmaker Says Expanding Petchem Value Chain Key to Protecting National Assets

Iran Lawmaker Says Expanding Petchem Value Chain Key to Protecting National Assets
(Tuesday, November 25, 2025) 11:08

TEHRAN, No. 21 (NIPNA)— An Iranian parliamentarian on Saturday said strengthening and completing the country’s petrochemical value chain is essential for safeguarding national resources and driving long-term economic growth.

Gholamreza Dehghan Naserabadi, a member of the Energy Committee of the Iranian parliament, told NIPNA that petrochemicals remain one of the country’s fundamental development pillars, providing feedstock for downstream industries and reducing reliance on crude exports.

He said the sector holds a “strategic position” in Iran’s development capacity, noting that petrochemical companies have played a significant role in generating foreign currency, especially under sanctions. “This industry must be supported, as it has proven vital during challenging economic periods,” he said.

Naserabadi described the petrochemical industry as a major engine of economic expansion, citing its extensive potential for growth and job creation across both upstream and downstream segments.

He added that well-planned investment strategies in the upstream sector would help attract capital, particularly in oil and petrochemicals. “Accurate implementation of development programmes will encourage real investors and increase production,” he said.

 


Email is required
Characters left: 500
Comment is required