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80% of Parts, Equipment Used by Isfahan Refinery Indigenized

80% of Parts, Equipment Used by Isfahan Refinery Indigenized
80% of Parts, Equipment Used by Isfahan Refinery Indigenized

Domestic companies and manufacturers are supplying about 80% of the parts and equipment required by Isfahan Oil Refining Company in central Isfahan Province, commercial director of the company said.
“Many parts had been supplied by European countries prior to the reimposition of the US sanctions on Iran’s economy and oil industry in 2018. However, following the efforts of Iranian experts, engineers and industrialists, several parts and equipment used in the Isfahan refinery have been indigenized,” Majid Shahsavari was also quoted as saying by the Oil Ministry’s news agency Shana.
According to the official, while the quality and performance of the locally-made parts are not inferior to those of foreign counterparts, their final prices are much lower than the foreign ones.

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