Reconstruction of energy trade at the end station of the value chain/ 11 petroleum refinery projects on the government’s table

According to the economic reporter of Fars News Agency, “Sanction” has been the most important challenge to the country’s economy in the past decade, which was imposed by the United States on Iran’s oil industry as an oil country and has created serious restrictions on Iran’s oil exports.

One of the solutions of “neutralizing oil sanctions”, getting rid of crude oil sales and moving towards construction Petrorefineryand petrochemicals and the export of value-added products downstream of oil, an issue that has been repeatedly pointed out by the supreme leader as the macroeconomic policy of the country to the statesmen in the past years.

* The more we distance ourselves from selling crude oil, the harder it is to sanction Iran

In general, everything from raw sale of hydrocarbon sources to construction Petrorefineryand petrochemicals and then the development of complementary industries, the rate of creating added value and job creation and “sanction avoidance” will increase significantly for each step that is taken. (Image 1).

Picture 1

The multiplicity of actors, the variety of export methods, the short distance from the export destinations and the small volume of shipments and bank transactions have made Iran able to export downstream oil products outside the crosshairs of American sanctions in a capillary network, unlike crude oil.

* The supreme leader of the revolution’s emphasis on construction Petrorefineryas the strategic policy of the system

The Supreme Leader of the Revolution emphasized the development of the value chain in the oil industry for the third time in a meeting with the government delegation on September 8 this year, on the occasion of the government week, and said: In the energy sector, this PetrorefineryI have repeatedly emphasized since the time of the previous government; It is one of these important tasks that I know you are busy with, but follow these issues; It is important.

Previously, the leader of the revolution twice on the issue of construction Petrorefineryhad emphasized to get rid of raw materials and neutralize the sanctions.

The Supreme Leader said for the first time in November 1998 in his speech at the meeting with the producers: A legal (law Petrorefinery) has recently been approved in the field of downstream oil and gas industries. This law must be implemented. Some laws are passed in the parliament but not enforced; It means that the necessary regulations are not prepared, it remains the same. This should be done immediately; They should follow that this work is done.

The supreme leader of the revolution, in his statements at the meeting with producers and economic activists on 10th of Bahman 1400, again emphasized the implementation of the law. Petrorefineryemphasized and said: Below the oil industry, there are many downstream industries, one example of which is this PetrorefineryIts law was passed in the parliament in 2018 and was notified to the then government. But unfortunately it has not been followed up, it should be followed up. These both bring people’s average capital into the employment field and create employment.

*11 plans Petrorefinery On the table of the Ministry of Oil of the 13th government

According to the investigations of the economic reporter of Fars News Agency, with Roy They are efficient The 13th government built 11 refinery plans and Petrorefinery It has been put on the agenda with oil feed and gas condensate. Table 1 shows the complete details of these 11 designs.

Table 1

8 of the 11 plans in Table 1 are defined under the law “Supporting the Development of Downstream Oil and Gas Condensate Industries Using Public Investment” and have a permit to breathe food. Recently, the memorandum of understanding for the construction of two Petrorefinery Martyr Soleimani and Marwarid Makran It was finalized and signed on August 10 of this year (picture 2); In this regard, Seyed Ibrahim Raisi, the President of our country, stating that the signing of this memorandum is a step towards the realization of a resistance economy, he says: This memorandum is also an effective step to neutralize sanctions, prevent crude oil sales and convert crude oil into products with higher added value, meet the needs of The country is interested in oil products and creating new export capacities.

Raisi also pointed to the consensus of economic experts on the point that directing liquidity towards production removes concerns about the growth of liquidity, and clarified: the memorandum that was signed is also one of the successful examples of directing liquidity towards production.

Picture 2

* 420 thousand barrels will be added to the refining capacity of the country

Javad Oji, the oil minister, also pointed to the role of value chain development in neutralizing sanctions and said: selling oil and condensate is both crude sales and there are many challenges for selling it due to sanctions. These projects Petrorefining When they reach production, we will not have any problem in selling petroleum products and petrochemical products, and this action will make the sanctions ineffective.

According to the Deputy Planning Minister of the Ministry of Oil, it is expected that a total of 420,000 barrels per day will be added to the country’s refinery capacity by the end of the 13th government.

In general, it seems that in the 13th government, unlike the previous government, the strategy of neutralizing sanctions with development Petrorefineryhas been put on the agenda, a strategy that moves from exporting crude oil to exporting petroleum products, a reconstruction It creates serious problems in Iran’s energy trade to resist the sanctions.

the end Message/T 27