Local Firms Capable of Supplying Oil, Gas Equipment, Parts

Oil Minister Javad Owji says domestic companies manufacture 70% of equipment needed in the oil and gas industry.
“Local firms have the potential to manufacture 95% of equipment and parts required in the key sector,” Owji was quoted as saying by ISNA. 
“An estimated 1,100 companies are active in manufacturing oil/gas equipment and can meet a large proportion of local requirement,” he said.