A total of 75,000 diesel wells will be electrified in the next three years, the program manager for developing electricity network for agricultural wells said.
“The project will help save 750 million liters of eco-unfriendly diesel a year,” IRNA quoted Hossein Mahmoudi as saying.
“Under the current difficult economic conditions, the project, estimated to cost $1.2 billion, can help the Oil Ministry raise export of petroleum products because such exports are easier compared to other energy carriers,” he added.
The US re-imposed strict sanctions on Tehran after it unilaterally withdrew from the landmark 2015 nuclear deal last May. The first round of sanctions came into effect last August before tougher restrictions on the oil and banking sectors were announced last November.
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