{"id":16858,"date":"2026-02-14T07:17:41","date_gmt":"2026-02-14T07:17:41","guid":{"rendered":"https:\/\/roydadnaft.ir\/English\/?p=16858"},"modified":"2026-02-14T07:17:41","modified_gmt":"2026-02-14T07:17:41","slug":"stability-in-petrochemical-decision-making-to-be-ensured","status":"publish","type":"post","link":"https:\/\/roydadnaft.ir\/English\/16858\/","title":{"rendered":"Stability in petrochemical decision-making to be ensured"},"content":{"rendered":"

RoydadNaft – <\/a><\/span>\u00a0The CEO of Nouri Petrochemical Company emphasized the strategic and supervisory role of the National Petrochemical Company in the sector, saying investors are seeking stability in policymaking and decision-making in the petrochemical industry.<\/p>\n

He said pricing of utility services must be managed in a way that preserves the economic viability and attractiveness of production at downstream complexes.<\/p>\n

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Gholamreza Jamshidi described the National Petrochemical Company\u2019s arbitration role in utility pricing as a positive step, adding that challenges facing the petrochemical industry should be resolved within the industry itself. Delegating arbitration authority to the National Petrochemical Company, he said, was a highly professional move.<\/p>\n

He stressed the need for decisions that safeguard investment appeal in the petrochemical sector, noting that utility units play a supporting role for production complexes. Therefore, pricing mechanisms must ensure that production remains economically justified for consuming facilities.<\/p>\n

Petrochemicals as a Pillar of Forex Revenue<\/strong><\/p>\n

Jamshidi said the petrochemical industry is one of the country\u2019s main sources of foreign currency earnings. As such, he said, the industry\u2019s economic justification should be viewed across the entire value chain to help attract more investment.<\/p>\n

He added that investors are calling for price stability in the upstream sector and feedstock supply. Prices, he said, should be set so that projects based on feasibility studies \u2014 and factoring in projected payback periods \u2014 remain economically viable for at least five years.<\/p>\n

Without a stable investment environment, fluctuations in decision-making will inevitably create multiple challenges for the petrochemical industry, he said.<\/p>\n

NPC\u2019s Industry Oversight<\/strong><\/p>\n

Jamshidi noted that only a limited percentage of petrochemical companies are in the hands of the true private sector. Moving the industry toward genuine privatization, he said, would contribute to economic growth and dynamism.<\/p>\n

He said petrochemical companies, by delegating authority over utility pricing to the National Petrochemical Company, expect the regulator \u2014 given its role and standing in the industry \u2014 to make comprehensive and fair decisions that benefit the entire sector.<\/p>\n

Jamshidi added that each industry requires its own specialists and that assigning oversight of the petrochemical sector to non-specialized entities could create significant challenges. He said oversight, performance evaluation, identification of obstacles and management of petrochemical companies in the upstream segment should be handled by the National Petrochemical Company, with sufficient authority granted to it within a framework that ensures its decisions are effective.<\/p>\n<\/div>\n<\/div>\n

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