Tehran, Iran, Oct. 21
By Mehdi Sepahvand – Trend:
CEO of Iran’s South Oil Company Bijan Alipour has said the import of oil equipment that has Iranian-made rivals has been banned.
He said currently 7 percent of the company’s equipment is made inside Iran, Tasnim news agency reported October 21.
Alipour said that the last Iranian fiscal year (which ended March 20), the company found 100 percent of its drilling and on-ground facilities’ equipment from inside the country, while gaining access to 8 percent of chemical materials it needed domestically.