Arya Sasol CEO Welcomes NPC Role in Petchem Utility Pricing

Arya Sasol CEO Welcomes NPC Role in Petchem Utility Pricing
(Saturday, February 14, 2026) 10:27

TEHRAN, Feb. 10 (NIPNA) – The chief executive of Arya Sasol Polymer Company said delegating authority over utility pricing to the National Petrochemical Company (NPC) signals recognition of the petrochemical sector’s importance to Iran’s economy and capital markets.


Speaking to NIPNA, CEO Mohammadreza Heidarzadeh said the immediate impact of the move has been less visible in operating costs and more evident in planning and decision-making.

“At this stage, the effect is reflected more in the quality of decision-making and the planning environment than in cost figures,” Heidarzadeh said. “The most important shift for us is toward greater predictability of cost structures.”

He said clearer, more stable pricing frameworks would enable companies to make operational and investment decisions with a medium-term perspective based on more transparent scenarios. Quantitative effects would become clearer as mechanisms are formalized, he added.

Focus on stability and transparency

Heidarzadeh said stability and predictability in key cost variables are prerequisites for sustainable development. If NPC’s pricing authority evolves toward formula-based frameworks with defined time horizons, it could reduce risks that have historically hindered long-term planning, he said.

Capital markets are particularly sensitive to regulatory volatility, he added, noting that transferring arbitration to a specialized body “sends a message that decisions will be taken within a professional framework rather than on an ad hoc basis.”

Heidarzadeh described NPC’s stated “non-directive” approach as an effort to move away from purely prescriptive policies and toward incorporating technical and economic input from stakeholders.

Private sector engagement key

While acknowledging that structural changes often raise concerns among private companies, Heidarzadeh said the establishment of dialogue channels and consultation mechanisms was a positive sign.

“If engagement becomes institutionalized and continuous, it can gradually ease concerns and align state and corporate interests,” he said.

He added that the success of the model would depend not on the delegation itself but on execution grounded in transparency, stability, expertise and stakeholder participation — potentially offering a template for other policy areas.

 


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