Iran Restores 60% of Lost Petchem Capacity

Iran Restores 60% of Lost Petchem Capacity
(Monday, September 28, 2026) 17:08

TEHRAN, Sept. 28 (NIPNA) — Iran has restored about 60% of petrochemical production capacity lost during the war, Deputy Petroleum Minister and National Petrochemical Company (NPC) CEO Omid Shakeri said, adding that reconstruction and recovery efforts are continuing.

Speaking to reporters on Monday on the sidelines of a ceremony marking cooperation agreements between NPC and Shiraz Petrochemical and Pardis Petrochemical, Shakeri said damage to the petrochemical industry could be divided into two main areas: utilities and specific production processes.

He said reconstruction efforts were underway in both areas, with the rehabilitation of utilities being continuously pursued. Recovery of capacity in Asaluyeh and Mahshahr, Iran’s two main petrochemical hubs, was progressing, and efforts were being made to restore a significant share of the remaining lost capacity by the end of the year.

“About 60% of the lost capacity has so far returned to operation,” Shakeri said.

He added that some production cuts during the summer had been caused by electricity supply restrictions, while the petrochemical industry could face further restrictions in winter because of the existing imbalance between gas supply and demand.

Shakeri said the overall condition of the petrochemical industry in terms of recovered capacity and readiness for production was satisfactory, adding that the situation was expected to improve further as reconstruction continued.

Winter feedstock supplies

On the supply of feedstock to petrochemical plants during winter, Shakeri said restrictions had traditionally been imposed on some industries during the cold season as household gas consumption increased.

He said the petrochemical industry had also been affected by such restrictions and that efforts were underway to improve the situation by the end of the year.

Shakeri also referred to the loss of about 230 million cubic meters of the country’s gas processing capacity during the war. Efforts by the National Iranian Gas Company and National Iranian Oil Company had restored part of the lost capacity, although shortages remained, he said.

The NPC chief said the company was seeking to minimize the impact of the war and the resulting capacity reductions on the petrochemical industry.

He said conditions facing the industry this year were different, prompting NPC to pursue the “Nabz Energy” energy-saving campaign more vigorously.

Shakeri called on households and other energy consumers to support the national campaign, saying lower energy consumption could help free up additional supplies for industry and ease feedstock challenges facing petrochemical complexes.

 

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