The commercial director of Tehran Oil Refining Company, more than 13,000 types of rotating and fixed refining parts and equipment are made by domestic products after identifying knowledge-based companies, Oil Ministry’s official website, Shana, reported on Saturday.

According to Mohammad Reza Khalili, a number of catalysts needed in the refineries have been produced for the first time in the country based on international standards and with the support of the technical and engineering experts of Tehran Oil Refining Company.

“After successful testing of these catalysts and their production in the country, we have become self-sufficient in the production of various types of refining catalysts,” he stressed.

Khaliki added spare parts of pumps, turbines, compressors, generators, converters, coolers, towers and containers, internal parts of cooling towers and valves which were also among items manufactured by Iranian companies.

He said the items were made in line with the aim of supporting the Iranian suppliers and the policy of reaching self-sufficiency in construction of items and equipment to realize the economy of resilience.

Quoting a statement by the headquarters of the International Exhibition of Iranian Oil, the National Iranian Oil Company (NIOC) said, “Given the existing situation due to the COVID-19 pandemic, the event will be held with full observance of necessary health protocols,” Shana reported.

Based on the decisions taken in cooperation with non-governmental trade unions in the Exhibition Policy Council, this year’s edition of the expo will be held exclusively for the oil and energy specialists, said the statement.

To this end, it added, only senior, middle and operational managers of the public sector, managers of the private and cooperative sectors, distinguished professors and students of the country’s universities, political officials and guests of exhibitors and specialized professional associations will purposefully participate in the course.

According to Vahid Maleki, the planned roll-out at the end of the current Iranian calendar year for the Jask oil terminal would include a metering system, two 36-inch pipelines, marine manifold and a single point mooring (SPM) facility, Press TV reported.

Iran began work on Jask oil terminal and a 1000-kilometer pipeline system connecting it to the Goureh region in southwestern province of Bushehr in late June.

The $2-billion project will enable Iran to deliver oil for exports outside the Strait of Hormuz, a narrow waterway through which nearly a third of the global seaborne oil trade is accommodated.

More than 4,000 people have been recruited for the construction of massive project which is fully financed by the Iranian government.

Maleki said construction and engineering teams were almost through on 35 percent of the work on the pipeline and the oil export terminal in Jask, adding that the project would go ahead as planned in the upcoming months until it fully comes on line by March.

“Currently, some 150 units of light and heavy machinery are busy working on the executive side and some 900,000 cubic meters of earthworks has been carried out as part of plans for the early rollout of the project,” the contractor was quoted as saying in a report by the Pars Oil & Gas Company, which is in charge of the project.

Managing Director of the PGSR Emad Zarei said that the main policy taken by the company’s managers is to support domestic producers and suppliers, reported Fars News Agency.

“The approach has played a major role in developing production, increasing competitiveness and promoting the quality of products,” he added.

Zarei noted that sensitive parts like compressors and pumps are now made by domestic companies to decrease the impacts of the US cruel sanctions.

The PGSR, with a daily processing capacity of 360,000 barrels of gas condensate, is aimed at producing gasoline, diesel, gas condensate and jet fuel after being fully inaugurated.

The PSGR construction started in 2006 and its third phase was commissioned in 2018.

Oil Minister Bijan Namdar Zanganeh said on August 3 that the country will reach almost a full natural gas penetration rate next summer.

Zanganeh added more than 95 percent of all households in Iran would have access to natural gas once the current administrative government leaves office in August 2021.

He also said the figure, which he described as unique in the world, would be above a target set in 2013.

“We do not have such a level of extensive gas penetration in the world, this is an important infrastructure which people have a good grasp of it,” he said.

Iran is the largest holder of natural gas reserves in the world. It has significantly boosted production in recent years despite sanctions imposed by the United States on the country’s energy sector.

Growing production has become possible thanks to massive development plans in the sprawling South Pares gas field, the world’s largest gas reserve which is shared between Iran and Qatar in the Persian Gulf.

According to Touraj Dehqani, the development of the project is going on uninterrupted and the project has reached over 50 percent of physical progress, IRNA reported.

“With the main pumping stations of the project becoming operational, we will witness the beginning of the oil transfer from Goreh to Jask by the end of the year,” Dehqani said.

“Of course, like other parts of the project, Jask export terminal itself has developed and progressed,” he added.

The official added if the required storages at the Jask terminal are not addressed by the end of the year, alternative options such as the use of single-point-mooring (SPM) storing the oil will be on the agenda.

The PEDEC’s goal is to export the first oil cargo from Jask oil terminal in the last month of the current Iranian calendar year (starting on February 19, 2021).

Goreh-Jusk oil pipeline project was inaugurated in late June by President Hassan Rouhani.

The pipeline will transfer one million barrels of heavy and light crude oil per day to Jask oil terminal in the southern province of Hormuzgan to be exported.

Addressing the inaugural ceremony of the project, Oil Minister Bijan Namdar Zanganeh said it was one of the most strategic projects in the Rouhani administration.

Zanganeh said a total of $300 million has so far been invested in the project while another $800-$850 million is needed for its full operation.

“We hope that exports from Jask will begin as the government’s most strategic project by the end of this [Iranian] year,” the minister noted.

Gaddam Dharmendra told IRNA on Friday that Indian refineries have suffered losses due to not buying Iranian oil.

“Iran is our reliable partner and we want to maintain our relations.”

India and Iran are currently cooperating in the field of transportation within the framework of developing the southeastern Iranian port of Chabahar, he said, adding, “We have a partnership with the Ports and Maritime Organization of Iran and are committed to its expansion.”

In terms of the banking and financial relations, the two countries’ central banks are in contact with each other and developing their ties, the envoy said, noting that a rupee-rial financial mechanism was activated by India and Iran prior to any other financial mechanism.

“We want the trade relations between the two countries to go beyond [exchanging] agricultural products, such as tea and rice, and include exports of engineering services.”

The two countries are preparing and finalizing a preferential trade agreement, said the official, adding that recently, the Iranian Parliament approved an agreement between Iran and India to avoid double taxation.

“We believe that these documents will facilitate trade relations between the two countries,” he noted.

Commenting on the impacts of Washington’s unilateral sanctions on cooperation between New Delhi and Tehran in developing the southeastern Iranian port, the ambassador said India has explained to the US about Chabahar port’s development and the contribution this transport corridor can make to the process of providing assistance to Afghanistan.

He added, “They have been convinced. As a result, Chabahar has been exempted from US sanctions against Iran. We consider this a unique achievement for India.”

Dharmendra noted that India is interested in participating in this project and looks forward to continuing expert and technical negotiations in this regard.

Due to the decrease in energy transactions between India and Iran, the level of bilateral trade has dropped compared to the past, he said.

“Our initial estimate of the value of [annual] trade between Iran and India in the current year is $3.4 billion. Of course, we have to wait for the official figure to be announced,” the envoy noted.

“Our effort is to bring the two countries’ chambers of commerce closer together to discuss maintaining the level of trade relations,” he concluded.

Addressing a ceremony to launch gas supply to 77 Iranian villages on Monday, Zanganeh hailed the amount of Iran’s export of petroleum products, saying gas distribution projects had facilitated exports of petroleum products, Mehr News Agency (MNA) reported.

“The amount of the exports of petroleum products in Iran have been unprecedented thanks to gas distribution projects,” he said.

“Activities in the oil industry have continued vigorously for more than two years since the sanctions were imposed,” he added noting, “We stand firm and buoyant to serve the goal of serving the people,” despite the existing problems.

noting that two years and three months have passed since the severe sanctions were imposed on Iran, the minister said, during this period not only no plans in the oil industry had halted, but “we have also started new plans.”

Bijan Namdar Zanganeh said that thanks to the increase in the gas production and gas supply in the country, the numbers for exporting products are unique.