15 Mar 2025
Monday 24 February 2020 - 16:52
Story Code : 370984

Over 70% of oil industry equipment localized: Iran

SHANA � A senior Iranian industrial official says the country has indigenized manufacturing of over 70% of the equipment used in the petroleum industry.

The commander of Khatam Al-Anbia Construction Headquarters (KACH), Saeid Mohammad, said on Saturday that localizing 70% of the items used in the petroleum industry as well as participating in a project to develop 6 phases of the massive South Pars offshore gas field were among KACH�s achievements recently.

Addressing the opening ceremony of a showcase of the engineering and technical capabilities of Iranians, Mohammad said, �We are witnessing an accelerated movement of the Islamic Revolution today, now that the enemy has lost its hope to confront us militarily.�

He said economic fortification is the only way to get out of the current conditions in the country, adding, �We are in an economic war.�
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