The acting Minister of Oil stated the necessity of strengthening the role of the National Petrochemical Company for more effective utilization of the petrochemical industry's capacities. He noted that the production capabilities of this industry should be directed towards creating jobs, increasing output, generating income, and strengthening the state's economy.
During a meeting with the CEO and senior executives of the National Petrochemical Company, Hamid Boward, according to the source Shana, emphasized the significant position of the petrochemical industry in the country's economy. He stressed that this industry possesses substantial potential for creating added value and generating revenue.
Boward also drew attention to the importance of strengthening the regulatory and management function of the National Petrochemical Company in the petrochemical sector, insisting that this issue requires serious consideration in all aspects, and expressed full support in this direction.
The acting Minister of Oil added that when collaborating across various sectors, it is necessary to carefully analyze and manage the market situation, product prices, and supply mechanisms. This approach, in his opinion, creates the basis for proper utilization of the industry's potential.
Boward reminded that petrochemical products play an important role in the production of various goods for the population, and its activities are not limited to exporting basic products; it also provides a significant portion of the needs of the country's domestic industries.
Emphasizing the need for greater attention to the potential of the petrochemical industry, he reiterated that existing capacities must be used to stimulate employment, production growth, increased income, and strengthen the national economy. He added that the development of the petrochemical industry can bring significant social and economic benefits, making attention to its development extremely important.
Speaking about solutions to ensure sustainable raw materials for petrochemical enterprises, the acting Minister of Oil insisted that including the petrochemical industry in the exploration of the country's oil and gas fields to ensure stable raw materials should become a priority and actively implemented.
Boward also highlighted the need to take fundamental measures to maintain the continuity of petrochemical product exports and generate foreign currency for the country. He stated that efforts should be directed towards increasing exports to return currency from petrochemical exports into the country's economic circulation.
Furthermore, he stressed the importance of implementing programs to restore petrochemical facilities damaged during the third imposed war, noting that the issue of reconstruction must be addressed seriously, and all available capacities must be utilized to accelerate this process.
In conclusion, the acting Minister of Oil highly praised the efforts of managers and colleagues in the petrochemical industry, stating that experience and expertise have gathered in this field, and all participants are expected to work with doubled motivation to achieve the country's goals.