He made the announcement on the sidelines of the 24th Tehran Oil Show, which took place at the Tehran Permanent International Fairgrounds from May 1 to 4. The event hosted some 1,150 domestic and foreign companies from 21 countries including Azerbaijan, Spain, Germany, Britain, Italy, Turkey, China, Russia, the Netherlands, Ukraine, and etc.

Rabiei said urea, ammonia and methanol would be added to the holding’s output mix once Hengam and Apadana plants became operational.

PGPIC has also signed a contract with the National Iranian South Oil Company (NISOC) for gathering associated gases in the fields operations by NISOC with 600 mcf/d of capacity.

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He noted that his firm’s capabilities in manufacturing digging equipment for oil and gas industry projects have provided it with a large number of opportunities in the Iranian market.

“Despite being a newcomer in Iran’s market, over the past 30 months, we have managed to supply digging equipment to Iranian firms and closely cooperate with a digging company in the country. We hope to be able to have a more expanded presence in the Iranian market.”

He said they are very proud to be taking part in the current edition of the Iranian exhibition as South Africa’s sole representative, adding the high quality of the expo and its size have surprised them.

The 24th Iran International Oil, Gas and Petrochemical Exhibition (Iran Oil Show 2019) began on Wednesday (May 1) and will continue until May 4 (Saturday).

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