Jafar Rabiee chaired a specialized panel on "Upstream Production
for Supplying Petrochemicals and the role of this industry" on Tuesday,
January 26, 2021, at the ۶th Iranian Petroleum and Energy Club Congress and
Exhibition (IPEC 2021).
Rabiee, as the managing director of the country's largest
petrochemical holding, said that there is a huge volume of Iran's oil and gas
resources is outstanding in the world, adding: "There is a missing link in
this regard that has created a challenge to feed petrochemical complexes."
He spoke about the heart of petrochemicals in providing feedstock,
and continued: "If petrochemical complexes operate with maximum capacity,
they will have activity and income generation only if their feedstock is fully
supplied."
The CEO of PGPIC, stating that there is a mentality that
upstream of the oil industry is part of the government system and no one has
the right to enter it, added: "On the other hand, lack of budget and
cumbersome regulations in the government system has caused petrochemical
complexes to worry about their feedstock supply, even though feedstock is available.”