Ghodratollah Farajpour, acting head of NPC’s Production Control Department, said the resolution marked an important step toward resolving existing challenges in the supply and distribution of urea fertilizer.

Speaking to NIPNA, Farajpour said urea production and supply by petrochemical complexes were currently proceeding satisfactorily and in line with planned schedules.

At the beginning of the current year, domestic urea producers were assigned specific quotas to meet the needs of the agricultural sector. Alongside supplying the domestic market, the companies export their surplus production, helping generate part of the foreign currency required by the country, he said.

New Resolution Addresses Producers’ Payment Claims

Farajpour said the Cabinet resolution, which aims to streamline the supply of urea fertilizer for the agricultural sector, would prevent the accumulation of outstanding claims by urea-producing petrochemical companies and also settle their previously accumulated receivables.

The measure also gives particular attention to easing buyers’ liquidity constraints through the use of GAM securities and other available financial instruments, he added.

Farajpour thanked the officials and organizations involved in advancing the resolution, particularly the Oil Ministry, NPC, the Petrochemical Industry Employers’ Association, and the relevant petrochemical holdings and companies.

He expressed hope that addressing the main concerns of urea producers would strengthen cooperation between the petrochemical industry and the Ministry of Agriculture Jihad, helping improve the supply and distribution of fertilizer to farmers.