70% of Oil Equipment Indigenized
IRAN NEWS ECONOMIC DESK
TEHRAN – Oil Minister Bijan Namdar Zanganeh says over 70 percent of equipment needed for the recent oil contracts are produced in the country.
Speaking at a ceremony for granting the first quality certificate at Iran Petroleum Institute (IPI), he said today Iran is in a position that it has set up a body for issuing certificates for oil goods and equipment, adding that this was done hardly but ended successfully.
He added that one of the important pillars for supporting the domestic production is to launch a body for issuing quality certificate.
Zanganeh noted that in the past, domestic producers had to get quality certificate from the foreign institutes but sanctions deprived them of this opportunity.
He further said the oil industry could not use non-standard equipment, adding that risk in the oil industry is high so that even a simple error may cause a national disaster.
He then pointed to the blast in Beirut, adding that it happened with a small error ignoring the standards.
He referred to the recent oil contracts, adding that in more than 70 percent of the agreements, domestically-made equipment will be used.
Zanganeh added that a national body needs to check standards and issue quality certificate, noting that national standards have been drawn up with the country’s condition, reiterating that the national body should be impartial and an NGO.
He said in the first step, the ministry revived the Iran Petroleum Institute (IPI), adding that the institute has turned into an NGO and all responsibilities for creating infrastructures for issuing certificates have been handed over to it.
He reiterated that the newly established body is an important step in the national oil industry, reiterating that the body can be used by other countries, too.
