Iran Press/Iran news: Iranian experts have stopped the exit of millions of currencies from the country by indigenizing oil pipelines at "Ahvaz Pipe Industrial Company" in Khuzestan province.
Despite cruel US sanctions, Ahvaz Pipe Industrial Company with 2,000 personnel produces 7,000 tons of oil pipeline annually.
According to the company's CEO, if the pipes were supplied from abroad, it would cost the country around € 300 million annually.
Ahvaz Pipe Industrial Company with its experienced specialists and possessing modern and advanced machinery is capable of supplying the country with enough steel pipes in various sizes and is also capable of exporting them.
205/216
Read more:
Iran's oil revenues would have been $100 billion more, if it were not for US sanctions
Iran saves $200m by localizing oil industry parts