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Deputy Oil Minister Emphasizes Need for New Export Markets in Petchem Industry

Deputy Oil Minister Emphasizes Need for New Export Markets in Petchem Industry
(Saturday, January 11, 2025) 14:28

TEHRAN (NIPNA) – Hassan Abbaszadeh, Deputy Petroleum Minister and CEO of the National Petrochemical Company (NPC), has called for leveraging all available capacities in the country to expand and diversify export markets, aiming to boost the petrochemical sector's global presence.

Speaking at the introduction ceremony for NPC's new Director of Planning and Development and the Head of International Affairs on Tuesday, January 7, Abbaszadeh stressed the importance of collaboration between these departments to enhance energy diplomacy and promote exports. He stated, "Continuous synergy and interaction in identifying new markets can significantly ease international collaborations."

Abbaszadeh highlighted NPC's readiness to support petrochemical holdings and companies, emphasizing the need to diversify the industry's customer base. "With new projects coming online, we aim not only to meet domestic demand but also to achieve remarkable export performance," he added.

Collaboration with Diplomatic and Trade Entities

Abbaszadeh underscored the necessity of cooperation with the Ministry of Foreign Affairs, Iranian embassies abroad, and the Trade Promotion Organization of Iran to raise awareness about Iran's petrochemical capabilities and potential in the international arena.

Strengthening Unity with Petrochemical Holdings

The NPC CEO pointed out the establishment of a collaborative atmosphere with major petrochemical holdings, facilitating strategic decisions. "Although some disputes regarding utilities were raised, they were addressed during a government economic commission session chaired by the Oil Minister. It was agreed that NPC would act as the state's representative, a decision welcomed by holding executives," he explained.

In a meeting with holding CEOs, the economic challenges were reviewed, and consensus was reached on the continuation of NPC's role as a mediator to address industry issues. Abbaszadeh called for unity among industry players, assuring that NPC would provide the necessary support to propel the sector forward.

New Leadership at NPC

Commenting on the newly appointed directors, Abbaszadeh praised Alimorad’s extensive experience in planning and development management, coupled with his expertise in investment and international operations. He also lauded Atefeh Yekta for her considerable experience in various roles within NPC and her contributions to international studies.

He concluded by emphasizing the strategic goal of defining the future of petrochemical markets and diversifying the customer base to secure sustainable growth in the industry.

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