Need to Speed Up Asaluyeh Facilities Reconstruction with Flexible Contracts

The acting oil minister stressed the need to establish a common language with banks for financing and to accelerate the reconstruction of refineries.

The Acting Minister of Oil stressed on creating a common language with banks for financing and accelerating the reconstruction of refineries.

According to Ambassador Arjan's report, quoted by the Ministry of Petroleum, Hamid Bord, the Acting Minister of Petroleum, emphasized the need to speed up the implementation of the projects and said: "If there is a need to change the contracts to speed up the reconstruction process, these changes should be made."

Emphasizing the necessity of financing the projects, he added: We must reach a common language with the banks to finance the projects.

Stating that we should not lose time to rebuild the damaged facilities of the oil industry, the Acting Minister of Oil clarified: the solutions should benefit all the elements involved in the project and various financial resources have been considered for the implementation of the projects.

The board welcomed the proposals of the contractors for the implementation of the reconstruction and renovation projects of the facilities and said: the proposals will be technically reviewed by the experts of the Ministry of Petroleum and if approved, they will be implemented.

Emphasizing that the most important priority of the Ministry of Oil is the stable supply of gas for the dear people of the country in winter, he added: I know that it is difficult to carry out the reconstruction of facilities at a high speed, but we must use all our efforts for the country.

In this meeting, the implementation process of the reconstruction projects of the damaged South Pars refineries and Jam Petrochemical companies, Damavand Energy Asalouye and Mobin Energy of the Persian Gulf and the challenges facing the acceleration of these projects were reviewed with the presence of managers, contractors and executives, and the necessary solutions were adopted to remove obstacles and accelerate the implementation of the projects.

On Tuesday (October 21), Hamid Bord, Acting Minister of Oil, along with Musa Ahmadi, Chairman of the Energy Commission of the Islamic Council, and Arslan Zare, the Governor of Bushehr, visited the damaged refineries of South Pars and Jam Petrochemical and Mobin Energy of the Persian Gulf.