South Pars reaches operational self-sufficiency

South Pars reaches operational self-sufficiency

South Pars announced that it will meet the majority of its operational needs by relying on domestic capacity and cooperation with knowledge-based companies; a path that has brought the complex to the threshold of industrial independence by localizing more than 15,000 components and creating a smart supply chain.

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China’s oil investment in Iraq instead of Iran

China’s oil investment in Iraq instead of Iran

Chinese investment in Iraq's oil industry has reached 10 billion dollars, while this country, which is the largest buyer of Iranian oil and has a 25-year cooperation agreement with Iran, does not actively invest in any of the projects of Iran's oil industry.