Iran Negotiating to Export Oil Equipment, Services to Belarus
Borzoo Qanbari, the National Iranian Oil Company’s director for manufacturing and supplying, said that a delegation from Belarus had visited Iran for talks on joint projects to manufacture oil industry equipment.
Referring to negotiations with Belarus in the fields of oil, gas, and energy, the Iranian official added that fortunately, domestic manufacturers have a very good potential to produce and supply data-x-items needed in Belarus and we can easily respond to their needs.
“After holding talks and presenting the capabilities of Iranian manufacturers, approaches for starting cooperation will be defined and representatives from the two countries will be introduced to speed up the process,” Qanbari explained.
He pointed out that cooperation between Iran and Belarus in the oil industry will be promising mainly due to the fact that Iranian oil engineering firms can supply modern equipment and technology at prices that are lower than those offered by international rivals.
The indigenization and domestic production of oil and gas industry equipment have been always among the objectives of the Iranian Oil Ministry.
However, the issue became further highlighted since the re-imposition of the US sanctions and Washington’s determination for cutting off the Islamic Republic’s ties with the world's advances in knowledge and technology, especially in the oil and gas sector.
In this regard, over the past few years, the ministry has been seriously supporting knowledge-based companies and startups and several events, exhibitions, and panels have been held to encourage the mentioned companies’ contribution to the country’s oil and gas industry.
Back in January, Oil Minister Javad Owji said domestic producers are currently supplying over 70 percent of the oil industry’s needed equipment, adding that this figure can increase to 95 percent.
“Currently, a major part of the equipment and parts needed by all sectors (upstream and downstream) are supplied by domestic manufacturers.”
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