Mentioning the drastic fall of the global oil prices and the U.S. sanctions along the pandemic, Zanganeh pointed to the fall of refineries’ profitability as well as the reduction of petrochemical price as negative impacts of COVID-19 on the oil industry.
Back in March, Zanganeh and Head of NIOC Masoud Karbasian had discussed necessary measures for containing the coronavirus in the Iranian oil industry’s operational areas.
In the meeting the oil minister also discussed ways of preventing the spread of coronavirus in the oil, gas, refining and petrochemical operational areas with his deputies and managers of operating companies via videoconference.
Managing Director of POGC Mohammad Meshkinfam, Managing Director of NIGC Hassan Montazer Torbati, Alireza Sadeq-Abadi, the managing director of NIORDC, and Managing Director of IOTC Pirouz Mousavi, as well as Head of IOOC Alireza Salmanzadeh were among the officials who attended the meeting via video conference.
Earlier that month, head of National Iranian Drilling Company (NIDC) had also said that despite the coronavirus outbreak, all operations in the country’s oil and gas rigs are ongoing in full compliance with safety and healthcare standards.




