Analyzing the Pricing Policies of the Petrochemical Industry Feed in Iran

Zarei, Mohammad Hossein; Kargar, Amir; Panjehpour, Ahmad; Latifi, Amin

doi:10.48308/eclr.2023.103845

Analyzing the Pricing Policies of the Petrochemical Industry Feed in Iran

Document Type : Original Article

Authors

mohammad hossein zarei ¹

amir kargar ²

Ahmad panjehpour ³

amin latifi ⁴

¹ Associate Professor of Law, Shahid Beheshti University

² PhD Student of Management of International Oil & Gas Contracts, Imam Sadiq University)

³ (PhD Student of Public Law, Shahid Beheshti University

⁴ (LLM in Private Law, Shahid Chamran University of Ahvaz).

https://doi.org/10.48308/eclr.2023.103845

Abstract

Abstract
Oil and gas are used both as energy and raw materials in petrochemical industry and products with high added value are produced from them. Oil and gas used as raw materials and energy are deemed as Anfal and should be used according to interests of Islamic society. For this reason, pricing in this industry has become a complex issue, which is affected by several factors including liquid and gas feed producers and consumers interests and Anfal related policy making.
In this research, related laws of feed pricing are studied and the current pricing problems of the feed are stated and required suggestions to improve pricing model efficiency in this industry are made through examining the pricing patterns applied in leading countries in petrochemical industry according to economic and political conditions of the country.Therefore, in the first part of this research, we will examine a series of transformative programs in the country's petrochemical industry after the Islamic Revolution. Then, we will study in detail the approvals of the decision-making bodies in the field of oil and energy. In the next section, the feed pricing policies and models in leading countries in this industry are examined and compared with applying model of feed pricing in the country. Finally, some solutions to improve both efficiency and policy making procedure in pricing petrochemical companies' feed will be provided.

Keywords

Petrochemical Industry

Pricing

Feed Rate

Liquid Feed

Ethane