The Energy Commission of the Islamic Consultative Assembly (Parliament) held a meeting on Sunday, October 26 (4th of Aban), with the participation of the Secretary-General of the Employers’ Association of the Oil Refining Industry, CEOs of the country’s private refineries, and officials from the Ministry of Petroleum.
During the session, topics discussed included:
the executive bylaw of Article (45) of the Seventh Development Plan concerning the conditionality of feedstock discounts, the cost of transmission and distribution of natural gas, barter bitumen (exchange-based bitumen supply), the pricing directive for feedstock and products, Clause (J) of Note (2) in the single article of the 1404 (2025–26) National Budget Law and its executive bylaw, as well as the issue of ensuring stable and continuous feedstock supply for small-scale refineries.
The refinery CEOs, while outlining the challenges and opportunities of this industry, emphasized the need for policy stability and the creation of economic incentives to encourage investment and development. Members of the Energy Commission also stressed the importance of practical solutions to remove existing obstacles and strengthen the country’s refining sector.
The participation of the Nik Yazd Industrial and Investment Development Group in this meeting is viewed as part of the company’s active role in the energy sector and its contribution to fostering synergy between the private sector and policymaking institutions.
