IRAN NEWS NATIONAL DESK

TEHRAN – The head of Khatam-al Anbiya Construction Headquarters said while Iran is under the most severe sanctions, it is getting ready to put the NGL project west of Karun in operation. With such an achievement, French oil company Total’s record in the Iranian oil industry will be broken.

Saeed Mohammad announced yesterday that after collecting petroleum gases in the west of Karun called NGL Karun, the gases obtained would be consumed in the houses in industrial sectors.

He said: “In addition to preventing environmental problems, this measure has an annual income of about $ 500 million for the country.”

Mohammad added: “At the same time, with the operation of the project, the record of the world-famous and large oil company, Total, which was active in the country in previous years, has be broken.”

He further said that Total Company in one of the previous projects in south of Iran set 3 percent record for monthly progress and for years it was shown as an important event and achievement and the company’s speed in the operation was talk of the town but Khatam-al Anbia Headquarters despite the harshest cruel sanctions and in a super oil project had a 3.5 percent monthly progress which is a new record in the national oil industry. Mohammad reiterated that this proves the technical capability and determination of the domestic experts are above the foreign contractors.

The commander of the headquarters noted that the project of collecting petroleum gases in West Karoun known as NGL Karoun, is a super oil project that by its operationalizing, adding that the extracted gases from the oil wells would be converted into the usable gases in the urban gas network and raw materials of the petrochemical industries while they were burned in the past and polluted the environment.

Mohammad noted that the project was launched in line with Supreme Leader’s order and it will continue with full speed to be completed.

He said it is expected the first phase of this super project to be operationalized by the yearend which will lead to considerable forex revenues and creation of jobs for the youths and domestic experts in the year of surge in the production.

The post Khatam-al Anbiya Headquarters Breaks Total Co. Oil Record appeared first on Iran News Daily.

IRAN NEWS ECONOMIC DESK

TEHRAN – Commander of Khatam al-Anbiya Construction Headquarters Saeed Mohammad yesterday reiterated that the headquarters does not rival with the private sector and it is a supportive umbrella for it.

Speaking at the Exhibition on Production Pick-Up in Tehran, he hailed fast progress of the Islamic Revolution towards establishming an Islamic civilization, saying that the U.S. government by creating hurdles is after slowing down the country’s progress by increasing pressure on people’s daily life.

Mohammad referred to the Supreme Leader’s remarks on strengthening resistance economy as the only way for getting out of the current condition and salvage of the country. He said if the country has a strong economy, it will be immune to outside pressures.

He reiterated that the country is currently in economic war condition and for this reason the Supreme Leader called for amending the structure of budget and all generating assets should be guided towards production.

Mohammad also called for security and guarantee for investors, adding all should work to allure investments in production rather than they are invested in the parallel markets.

He reiterated that by increasing tax, the country should increase the expense of investment in parallel speculation markets.

Mohammad added that the headquarters is after creating bartering mechanism for passing from the sanctions era.

He said the headquarters is to offer a big order to Esfahan Steel Company, adding that the headquarters has succeeded in indigenizing 70 percent of equipment of Persian Gulf Star Refinery and this move has saved $7b for the country.

Technical and Engineering Exhibition of Khatam-al Anbiya Construction Headquarters was inaugurated in Tehran’s Imam Khomeini Mosalla yesterday in the presence of Ministers of Roads Mohammad Eslami and Industry Minister Reza Rahmani.

The post Khatam al-Anbiya Does Not Rival Private Sector appeared first on Iran News Daily.

TEHRAN (Iran News) – Commander of the Islamic Revolutionary Guards Corps (IRGC) Aerospace Force Brigadier General Amir Ali Hajizadeh said that with the major measures taken, Khatam-al Anbiya Construction HQ has nullified the impact of all cruel sanctions imposed by enemies against the Islamic Republic of Iran.

The post Khatam-al Anbiya construction HQ nullified impact sanctions appeared first on Iran News Daily.

The made the remarks as Iran was preparing to mark the anniversary of the liberation of Khorramshahr from Saddam Hussein’s forces on May 24, 1982.

He also described liberation of Khorramshahr as a symbol of national unity and a turning point in the history of Iran, which was achieved through the sacrifices of the men and women of the heroic Iran with God Almighty’s help.

The post ‘Neither U.S. nor its allies dare to launch war on Iran’ appeared first on Iran News Daily.