Iran to launch major oil, petrochemical projects monthly through year-end

Iran’s Oil Minister Mohsen Paknejad announced that starting in June, a major oil or petrochemical project will be inaugurated each month in Iran until the end of the year.

The statement was made during a cabinet meeting on Sunday, chaired by President Massoud Pezeshkian.

According to the government’s official news outlet, the initiative reflects ongoing efforts to boost Iran’s energy infrastructure and production capacity amid continued sanctions and regional challenges.

Several executive regulations under the 7th Development Plan were also approved during the meeting, setting new frameworks for national development and reform in the coming years.

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