The discussions took place during a joint meeting between the Industries
and Mines Commission of the Islamic Consultative Assembly and a parliamentary
faction focused on industry, mining, safety and standards, attended by Hassan
Abbaszadeh, deputy petroleum minister and the CEO of National Petrochemical
Company (NPC), and representatives from the Iran Chamber of Commerce,
Industries, Mines and Agriculture.
Participants reviewed financing mechanisms and reconstruction plans
aimed at returning damaged petrochemical units to production with minimal
disruption, according to state media reports.
Zeinab Gheisari, head of the parliamentary faction overseeing the oil,
gas and petrochemical industries, said part of Iran’s oil-export revenues could
be directed toward rebuilding affected facilities.
“Maintaining feedstock and fuel supply to industries, especially
petrochemicals, is essential for preserving the country’s economic stability,”
Gheisari said.
Iran’s petrochemical sector has become increasingly central to the
economy in recent years, particularly as Tehran seeks to expand non-crude
exports and generate foreign currency revenues under sanctions pressure.
Gheisari said parliament has initiated oversight measures to support
damaged facilities and added that the chamber of commerce and industry
associations had been tasked with developing financing models and compensation
frameworks for reconstruction projects.
The proposals are expected to form the basis for legal and
administrative support measures aimed at speeding up the restoration process
through state facilitation and parliamentary backing.
Seyed Javad Hosseini Kia, deputy head of the Industries and Mines
Commission of Iran’s Parliament, said lawmakers are also considering amendments
to existing legislation to support industries affected during what Iranian
officials describe as the “Third Imposed War.”
Among the options under review are revisions to the 2026 budget law
related to export duties on raw and semi-finished petrochemical products, he
said.
Hosseini Kia added that resources from the National Development Fund
of Iran, along with foreign-currency revenues generated by petrochemical
companies themselves, could help finance reconstruction efforts.
Representatives from the chamber of commerce also presented
assessments of damage sustained by petrochemical facilities and provided
updates on ongoing rebuilding operations during the meeting.
Iranian officials have increasingly emphasized rapid reconstruction of
industrial infrastructure following attacks on strategic assets during the
recent conflict period. Authorities view the petrochemical sector as critical
not only for export earnings but also for employment, industrial supply chains
and broader economic resilience.