Petrochemicals Investigation Plan Launched

According to Energy Press, Gholamreza Dehghan, a member of the Energy Commission of the Islamic Consultative Assembly, announced the preparation and compilation of a plan to investigate the performance of petrochemical plants under the Ministry of Cooperatives, Labor and Social Welfare.
He announced that this plan of investigation has been signed by more than 25 members of parliament so far.
The full text of this investigation is as follows:
Title of the investigation:
“Plan of investigation into the performance of petrochemical plants under the Ministry of Cooperatives, Labor and Social Welfare”
Description:
The petrochemical industry is considered one of the most important economic pillars of the country and plays a fundamental role in securing the country’s foreign exchange resources through non-oil exports. In addition, this industry, by providing raw materials needed by domestic industries, paves the way for industrial development and strengthening the country’s economy. However, in recent years, there have been reports of mismanagement and improper performance in some petrochemical units, which have led to economic and social losses.
After the implementation of the general policies of Article 44 of the Constitution, a portion of the country’s petrochemical stocks were transferred to the National Pension Fund and holdings affiliated with the Ministry of Cooperatives, Labor and Social Welfare, including the Social Security Investment Company (Shesta), in the form of purchase or debt repayment. These petrochemical units are recognized as the most important sources of income for pension funds and provide a significant portion of the funds’ resources. Given the special importance of this industry in providing resources for pension funds, paying pensions to retirees, and the need to protect their rights, examining the performance of petrochemicals affiliated with these funds from an economic and social perspective is of great importance; in fact, the performance of petrochemicals affiliated with pension funds is not only effective in financing these funds, but will also have an impact on the reputation and public trust in the management of national resources.