Indigenizing SP Phase 14 Special Parts Saves Iran $170m

Indigenizing the technology for the manufacturing of some special parts and equipment in the implementation of the development project of the phase 14 of Iran’s South Pars gas field has saved the country $170 million, head of the Industrial Development and Renovation Organization of Iran (IDRO) announced on Tuesday.

Making the remark when visiting the complementary stages of launching the first train of phase 14 gas refinery, Mohsen Salehinia said that for the implementation of this huge national project, special and advanced goods such as rotating equipment and packages have been supplied for the first time by the domestic companies.

He stated that the value of this group of goods required for phase 14 of South Pars, which were manufactured by the domestic suppliers for the first time, is more than $170 million in the onshore sector and added that this group has not been so far manufactured domestically for the other phases of South Pars.

Last month, the head of Pars Oil and Gas Company (POGC), which is in charge of developing South Pars gas field, had said that the first train of the phase 14 refinery is going to be completed and handed over to the commissioning contractor by early July.

Referring to the round-the-clock efforts by the refinery’s contractors in different work fronts, Mohammad Meshkinfam said: “As scheduled, the first train of South Pars Refinery Phase 14 will be handed over to the commissioning group in early July this year, and then the commissioning activities will continue to prepare the different units of this train for operation.”