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Strategic Objective

Realization of Long-Term Financial Returns:

Implementation Mechanisms:

  • Approach and encourage petroleum companies to explore offshore blocks under exploration and production sharing agreements ,and Endeavour to increase petroleum reserves.
  • Maximize added value through co-ordination with operating companies to develop the capacity of the Refinery, the Liquefied Petroleum Gas Plant and other petroleum projects.
  • Effectively export natural gas to support future demands of other countries and keep the socioeconomic development going.
  • Optimize consumption and ensure fair and cost-effective distribution of natural resources.

Petroleum Legislations & Policies:

A

  • Apply oil and gas related laws and legislations.
  • Co-ordinate the pricing policy of the petroleum products locally, to eliminate differentials in the economic costs for the various consumer sectors.

B

  • Participate in the introduction and implementation of a safety and environmental protection policy within the oil sector, and give special attention to the environmental aspects to eliminate pollutants and toxic gases.
  • Co-ordinate with the other Gulf Co-operation Council countries and with companies operating in IRAN to assess to environmental situation in the petroleum.

C

  • industry and to encourage conducting appropriate studies and surveys.
  • Oversee the factories, which consume natural gas and encourage them to utilize latest technologies to save in consumption.

Enhancement of the Contribution of the Oil Sector in Supporting the Economy :

A

  • Co-ordinate with operating companies to assess the performance and efficiency of exploratory and production activities.

B

  • Work in co-ordination with our reputed operating companies , to develop an oil and gas well drilling program to ensure consistence with the established production plans.

C

  • Review regular reports and final financial statements of the operating companies and approve their budgets and major products.

Joint Ventures:

Implementation Mechanisms:

Encourage the establishment of joint ventures.

  • Co-ordinate with operating companies to start joint downstream projects with GCC, regional or international companies, with the aim of increasing profitable petroleum investments.

Maximize Effort to Develop National Manpower and Indigenize Positions in the Petroleum Industry:

  • Endeavor to develop and improve national efficiencies.
  • Urge operating companies to introduce programs to attract qualified national manpower and provide commensurate remunerations, privileges and benefits.
  • Arrange programs, forums and conferences to enhance awareness about the petroleum industry and about the oil and gas consumption.
  • Utilize training and development opportunities available in IRAN & in other countries and in appropriate training institutes.

Co-Ordination with Neighbors and International Countries

  • Co-operate with such countries in petroleum and gas related matters.
  • Seek the assistance of consultants to conduct required studies and research.
  • Co-ordinate with neighbors and other countries international marketing organizations on marketing policies in the main petroleum markets.
  • Actively participate in international meetings and conferences relevant to energy, environment and advanced technology in the petroleum industry.
  • Exchange information and expertise with other parties, especially of the GCC countries.

Provision of Local Market Petroleum and Gas Product Requirements

Implementation Mechanisms:

  • Provide supplies for the various consumer sectors in accordance with locally and international required specifications.
  • Rationalize consumption and preserve energy in the various sectors through coordination with the authorities concerned.