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Iran Deputy Oil Minister Outlines Petchem Industry Vision to NPC Staff

Iran Deputy Oil Minister Outlines Petchem Industry Vision to NPC Staff
(Sunday, February 9, 2025) 16:11

TEHRAN (NIPNA) – Hassan Abbaszadeh, Deputy Minister of Petroleum and CEO of Iran’s National Petrochemical Company (NPC), detailed the strategic roadmap for the nation’s petrochemical sector during a meeting with NPC staff, urging greater dynamism to achieve developmental goals.

Speaking at the gathering, which coincided with the celebrations of the Islamic Revolution's anniversary and Sha'ban festivities, Abbaszadeh emphasized the pivotal role of NPC employees in realizing the objectives of Iran’s Seventh Development Plan.

“In line with the mandated goals of the Seventh Development Plan, we must focus on reducing crude exports and advancing the petrochemical value chain,” he said. Abbaszadeh reiterated NPC’s commitment as the industry's policymaker and steward to mobilize all available resources in pursuit of these goals.

Advancing the Value Chain

Highlighting key areas for growth, Abbaszadeh pointed to the completion of value chains in propylene, methanol, ethylene, and ammonia production. “These initiatives will create greater value-added opportunities and drive balanced development across the sector,” he said. “Diversifying production can also help unlock new export markets.”

He also addressed the critical issue of feedstock security, noting ongoing efforts to capture associated gas and eliminate flaring by petrochemical holding companies. “These measures will boost feedstock availability for petrochemical complexes,” he added.

Focus on Talent Development

Abbaszadeh stressed the importance of succession planning and cultivating competent leadership within NPC. “Professional qualifications for managers and fostering an environment for the growth of skilled and efficient leaders are being pursued with determination,” he remarked.

Engagement with Staff

During the meeting, NPC's HR Manager Reza Khalaj and Finance Deputy Ahmadreza Eshraghi presented updates on departmental programs and addressed employee inquiries. Staff members also shared their perspectives and suggestions for improving operations.

The event highlighted NPC’s commitment to aligning its workforce with the broader vision of advancing Iran's petrochemical industry while ensuring sustainable growth and market expansion.

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