He made this statement during the IPF conference on the development of the value chain of the Iranian
The fund invests through Ahdaf Investment
Holding, and their approach has always been to develop the value chain.
The head of the pension fund emphasized the
importance of not distancing themselves from the world's petrochemical industry
and its latest developments.
He stated that 75% of the fund's investments are
currently in the field of oil, gas, refining, and petrochemicals.
The chairman of the Oil Industry Pension Fund
also welcomed foreign cooperation with international companies to participate
in domestic and foreign projects.
He clarified that there is currently a
dispossession of the value chain and complementary industries in Iran, and that
some holdings have taken commendable measures, although these industries do not
have a specific trustee in the country.
Bayat announced that the fund has more than $10
billion of projects in the field of completing the value chain, including the
NGL 3100 project, which is scheduled to be put into operation in the first half
of next calendar year.
He stated that last year, the fund generated $1.2
billion more profit due to more participation in value chain projects. The fund
is currently implementing 26 active plans, and they are trying to increase the
monthly progress percentage of these projects from one percent to four percent.
Finally, the head of the pension fund of the oil
industry considered the Iran LNG project as another value chain project in the
country, and emphasized that NGL has more competitive power than gas pipelines.
He announced the readiness of the fund to invest
in oil projects abroad such as oil refineries, where Iranians can be
He added that after the sanctions, Iran's oil
industry pension fund should be the most famous and largest fund for investors.