Iran's Minister of Petroleum has announced the country is now self-sufficient in manufacturing turbo compressors.

Iran PressIran news: Iran's Petroleum Minister Bijan Zanganeh said on Monday that Iranian engineers and experts have mastered the manufacturing technology for turbo compressors, noting that more than two hundred 25-megawatt turbines and compressors have already been made with Iranian know-how and technology.

Describing turbines and compressors as the heart of the oil industry, Zanganeh noted that the German industrial giant, Siemens, left Iran because of US sanctions which prompted Iranian engineers to master the crucial oil industry technology of turbo compressors.

Recently the Deputy Director of Petroleum Engineering and Development Company (PEDEC), a subsidiary of National Iranian Oil Company (NIOC), Gholamreza Manouchehri announced that Iran is capable of manufacturing all the equipment needed for its oil and gas industries at home.

Since 4 November 2018, US imposed a new round of sanctions against Iran's oil industry, but it was forced to exempt Iran's main partners and customers, such as Italy, Turkey, Japan, China, South Korea, India, Greece, and Taiwan from the sanctions for six months.

The US government also announced on 22 April 2019, that it would no longer extend the waiver for the Iranian oil customers.

104/211/214

Read More:

Domestic companies complete most projects in West Karoun

U.S. exit from nuclear deal, will have no impact on Iran's oil and gas industry