Close to 60% of steel pipes to wrap up the construction of a 1,100km 42-inch diameter pipeline to transfer oil to the southeastern port of Jask in Hormozgan Province will be manufactured domestically, managing director of the Petroleum Engineering and Development Co. said Wednesday.
"Ahvaz Industrial Pipe Company, Isfahan-based Mobarakeh Steel Company and Khouzestan Oxin Steel Company will collaborate to produce the special steel sheet and pipes for the project," Touraj Dehghani was quoted as saying by IRNA.
Dehghani said prior to the second round of US sanctions announced in May, PEDEC, a subsidiary of the National Iranian Oil Company, had to procure 20,000 tons of [API 5L X60 and NACE] steel plate sheets from Germany and China because has been deprived of the technology to produce such goods.
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