task

  • Oil Ministry-task force collaboration boosts fuel reserves

    Oil Ministry-task force collaboration boosts fuel reserves

    SHANA (Tehran) – The head of Iran’s National Energy Imbalance Task Force said fuel reserves have improved compared with last year, crediting close cooperation between the Oil Ministry and the task force as key to managing the country’s energy supply and demand.

  • Petchem value chain completion easy task

    Petchem value chain completion easy task

    Completing the value chain of the petrochemical industry is crucial for Iran. From the standpoint of value creation, it would be possible to enhance national revenue by supplying petrochemical products of high value-added. On the other hand, it would be possible to develop the petrochemical industry to end dependence on imports for supplying domestic needs, which would in turn reduce dependence on crude oil and natural gas sales. The petrochemical projects operated under the 13th administration are all aimed at value chain completion. Implementation of these projects would result in the supply of 21 products in line with the value chain completion. National Petrochemical Company (NPC) expects to accelerate implementation of these projects by engaging holdings and investors.