Mohammad-Sadeq Azimifar, CEO of National Iran’s Oil Refining and Distribution Company (NIORDC), highlighted the need for reforms in energy sector governance.
As deputy oil minister, he said the most notable achievements of the oil industry since the Islamic Revolution include the development of gas fields, advances in the petrochemical sector and the establishment of refineries on the Persian Gulf Star .
These results have resulted in increased gas production capacity, a surge in gasoline production, a decrease in dependence on imported petroleum products, complete value chains, growth in petrochemical exports, and overall economic growth.
He added that oil and gas infrastructure development, investment in new technologies and localization of petroleum industrial equipment are other important achievements during this period.
Azimifar emphasized that one of the most neglected regions in the oil industry over the past 46 years is the lack of attention to reforming energy sector governance.
While oil and gas fields development, improving refining capacity and growing the petrochemical industry are prioritized, policymaking and management of energy resources face fundamental weaknesses and have negative impacts on the country’s energy economy. Masu.
He said that inefficient subsidies systems have led to a rapid increase in domestic consumption, particularly gas and gasoline, resulting in a significant energy waste and lack of efficiency and optimized consumption motivation. I’ve said that.
This not only put pressure on domestic producers, but also reduced export revenues and increased government budget burdens.
In conclusion, Azimifar has shown that while the Iranian oil industry has successfully promoted infrastructure development and production, weaknesses in energy governance, lack of structural reforms, and lower consumption management have not been properly addressed. He acknowledged that it remains an important issue that requires fundamental revisions.
Ma/Shana.ir