IDRO Determined on Localizing Consortium of S. Pars Phase 14

Head of Industrial Development and Renovation Organization of Iran (IDRO) says the organization as the organizer of all participant companies in the consortium involved in South Pars Phase 14 project is determined to indigenize the project.

IDRO Determined on Localizing Consortium of S. Pars Phase 14

Mr. Amir Bayat in the coordinating meeting with the managers of Industrial Projects Management of Iran (IPMI) said that in line with the surge in production and materializing this slogan, IDRO is determined to take advantage of all capacities of domestic capabilities, domestic knowledge-based companies and manufacturers for this huge project in the energy sector.
He added that IDRO and the marine sector companies have managed to launch the installations of the project with appropriate speed and it is considered a geo-economic success for exploiting up to 2b cubic feet in this offshore project.
Bayat emphasized that in the current critical condition of the country, the increased efforts of consortium are focused on accelerating the completion of Phase 14 in the onshore sector.
He termed the consortium as a valuable factor in enhancing productivity and protecting national interests.