Iran Petchem Sector Seeks Stronger Government-Parliament Synergy for Downstream Industry Needs

Iran Petchem Sector Seeks Stronger Government-Parliament Synergy for Downstream Industry Needs
(Wednesday, April 29, 2026) 09:50

TEHRAN, April 28 (NIPNA) – Iran’s petrochemical industry requires enhanced collaboration between the government and parliament to meet the demands of its downstream sectors, according to Hassan Abbaszadeh, the Deputy Petroleum Minister and CEO of the National Petrochemical Company (NPC).


Speaking at a meeting with members of the Parliament’s Economic Commission hosted by NPC, Abbaszadeh emphasized that new strategies for the balanced development of the industry, coupled with a clear definition of relationships between petrochemical projects and complexes, would foster greater synergy across all industry stakeholders.

Abbaszadeh expressed gratitude for the parliament’s support of the petrochemical sector and provided an overview of incidents affecting petrochemical complexes during the “Third Sacred Defense War” – a reference to Iran’s conflict with Iraq in the 1980s. Members of the Economic Commission subsequently shared their perspectives and opinions.

The finalization of the NPC’s articles of association by a joint energy and industry commission in parliament was highlighted as a crucial step. Abbaszadeh believes the official issuance of these articles will pave the way for increased convergence among petrochemical industry actors, enabling NPC to more effectively fulfill its regulatory and supportive roles.

Concluding his remarks, the Deputy Oil Minister pointed to ongoing programs and interactions between the Ministry of Oil, the Ministry of Industry, Mine, and Trade, and other relevant bodies aimed at supplying the needs of downstream industries. He reiterated that through cooperation between the government and the parliament, the requirements of various industries can be met.

 


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