In an article published in Iran newspaper, Petroleum Minister Mohsen
Paknejad said the country is entering a new period focused on economic
progress, reconstruction, and sustainable development while maintaining a
strategy centered on domestic capabilities and technological self-reliance.
The minister noted that the oil industry has strengthened its
operational and technical capabilities over recent decades, achieving greater
independence across the value chain, including exploration, production,
processing, and exports. He described these capabilities as a foundation for
future growth and investment.
According to Paknejad, energy-sector operations continued throughout
recent regional tensions, with oil, gas, refining, distribution, and
petrochemical activities maintained without interruption. He added that fuel
supply, natural gas distribution, and crude oil exports remained operational
during the period.
The minister said reconstruction programs for affected facilities have
progressed according to schedule. He cited the restoration of 30 million cubic
meters per day of natural gas production capacity and the recovery of 38% of
impacted petrochemical capacity as examples of ongoing rehabilitation efforts.
Looking ahead, Paknejad said Iran’s oil industry is prepared to offer
a broad range of investment opportunities and technical partnerships to
international companies. He noted that numerous investment projects and
cooperation frameworks have already been evaluated and are available for
potential investors.
The minister added that the Ministry of Petroleum has identified a
large number of capable domestic companies that can serve as local partners for
foreign investors, enabling the rapid formation of investment and
project-development teams when opportunities arise.
Paknejad emphasized that international cooperation would complement,
rather than replace, the sector’s domestic development strategy. He said the
industry remains committed to advancing projects regardless of external
investment conditions while remaining open to partnerships that support
economic growth, technology transfer, and long-term development.
The article concluded that the Ministry of Petroleum views expanded
economic cooperation and investment as important tools for supporting national
development and strengthening the country’s energy sector in the years ahead.