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Production of crude oil storage tanks launched in Azerbaijan

Business Materials 29 March 2018 17:02 (UTC +04:00)

Baku, Azerbaijan, March 29

By Huseyn Valiyev – Trend:

The Sumgayit Technological Park (STP) has launched production of high pressure tanks for storing crude oil, the STP told Trend.

The products are manufactured jointly with the South Korean company Seoul Machinery, which assists in the production process.

"Since yesterday, representatives of the American Society of Mechanical Engineers (ASME) have begun to audit the production process and the finished products. To start mass production of oil and gas storage tanks, we need to obtain a certificate of compliance with the mandatory requirements of ASME. Deploying the local production, we will be able to ensure import substitution, and oil companies operating in Azerbaijan will not need to buy them outside the country, " the STP said.

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