In pursuit of innovative solutions for international sales and warehousing
Creating diversity in supply methods and financial and credit instruments is one of the requirements for professional activity in competitive and volatile markets. Limiting sales to a single method does not necessarily mean greater protection of the company’s interests, as conditions are no longer the same as before.
Following the publication of an article titled “Give Methanol, Take It for Yourself!” in the respected media outlet “Miz-e Naft” and the raising of questions regarding certain methods under review in the area of sales and methanol product management, Petrofarhang Holding, while respecting the position of the media and the right to question, presents its clarifications with the aim of transparency and informing public opinion. It is emphasized that the issues raised in this report were mainly within the framework of expert reviews and evaluable options and should not be confused with any final decision or execution of a transaction.
Regarding the published article, it is hereby stated that any perception of sales outside the regulations or the creation of special privileges for specific individuals or companies has no valid basis. The supply of a portion of the products of the subsidiary companies is carried out within the framework of commercial policies and with the aim of developing new sales methods, increasing flexibility in transactions, and supporting the cash flow of the producing companies. It is essentially an action aimed at the professional management of the group’s commercial resources and capacities.
It is obvious that the use of diverse sales tools does not mean deviating from financial and credit requirements. Buyers can only enter the purchasing process after completing the necessary procedures for identification, credit assessment, and commercial qualification. Furthermore, any transaction is subject to the submission and approval of valid bank guarantees, including bank guarantees, electronic promissory notes, promissory note cards, and letters of credit (LC). Therefore, the designed structure is based on reducing transaction risk and ensuring the collection of receivables, and the interests of the producing companies are taken into account at all stages.
On the other hand, creating diversity in supply methods and financial and credit instruments is one of the requirements for professional activity in competitive and volatile markets. Limiting sales to a single method does not necessarily mean greater protection of the company’s interests, as conditions are no longer the same as before. In the current situation of the war imposed by the aggressive U.S. government and severe economic siege, reviewing conventional and traditional sales methods has become an absolute necessity. Otherwise, commercial activities will be immobilized in this economic war. Targeted use of conventional and reliable tools, when accompanied by proper credit assessment and sufficient guarantees, can lead to an increase in the range of credible customers, acceleration of the sales process, and strengthening of the liquidity of producing companies.
Petrofarhang Holding emphasizes that all decisions related to the supply of products of its subsidiary companies are made with the approach of protecting the resources of respected cultural teachers, reducing financial risks, and safeguarding shareholders’ interests. No special privilege or priority outside the established processes is granted to any applicants. It is obvious that once the executive mechanism is finalized, only applicants who meet the required conditions and provide acceptable guarantees will be able to enter the purchasing process.
Regarding the storage of methanol produced by Petrofarhang Holding’s subsidiary companies in leased tanks in a third country, it is emphasized that this matter is currently only at the stage of expert review and its mention does not in any way imply a final decision for its implementation. Examining various options for managing, storing, and supplying products is part of the natural and professional duties of an economic entity active in the international market, and simply reviewing a commercial solution cannot be considered as its definitive execution.
The reality is that the conditions governing international trade and the restrictions resulting from sanctions have doubled the necessity of examining diverse solutions to maintain commercial maneuverability and more effective management of export cargoes, and there is no way to avoid it. Using permitted storage capacities in reputable international ports and terminals, if economic viability is confirmed and full compliance with legal requirements and regulations of the country is ensured, can be one of the options worth considering for increasing flexibility in scheduling, logistics management, and product supply. Such reviews are obviously carried out with the aim of better managing commercial risks and protecting the interests of producing companies and, given the complex logistical conditions of the region, can serve as an alternative in sales, especially in preventing losses from non-sales or limited presence in international markets.
Therefore, raising the issue of storage in another country that maintains friendly economic and political relations with the Islamic Republic of Iran should not be considered as a definitive decision or a commitment by the Holding. Economic dimensions, storage and transportation costs, legal and contractual requirements, operational and commercial risks, as well as the feasibility of implementing the plan, will all be evaluated before any final decision is made. Many other Iranian producers are also taking such measures to overcome the economic war conditions. Naturally, any option that lacks the necessary economic, legal, or executive justification will not be capable of becoming an operational decision.
Petrofarhang Holding emphasizes that the review of this plan and other similar options is being conducted with an expert, cautious approach and with the priority of protecting national interests. The final decision will only be made after completing the studies and confirming economic justification and compliance with legal requirements. Therefore, there is a clear difference between “reviewing an option for better product management” and “deciding on its definitive implementation,” and any narrative that turns an expert study into a final decision presents an incorrect picture of the nature of this matter.
In conclusion, while once again thanking “Miz-e Naft” for raising questions and fulfilling the inherent mission of questioning that is part of the nature and duties of the media, we emphasize that managing economic enterprises in today’s complex and high-risk conditions requires responsible, forward-looking decision-making along with the courage to accept calculated risks. In such circumstances, national orientation and attention to the long-term interests of the country’s economy are an inseparable part of the responsibility of organizations such as Petrofarhang — an organization that does not consider itself merely the custodian of an economic activity, but bears an organizational and, beyond that, a human responsibility toward preserving and protecting the capital of dear cultural teachers. Accordingly, all decisions and reviews of this group are made with the aim of preserving asset value, ensuring continuity of economic activity, and protecting the interests of stakeholders, in compliance with regulations and based on precise risk assessment and economic viability. On this path, accountability and national interests will remain two inseparable principles in Petrofarhang’s decision-making.