NISOC Saves 80m Euros Plus 1,750bn Rials

Director of the NISOC Production and Support Department Ali-Reza Toranjzard told Shana that the goods and items had been ordered in the past two years.

Toranjzard said the discarding and financial saving had followed sorting and checking of all the goods and equipment available in the NISOC stores.

He said in the past two years, 10,000 goods were assigned to be imported which increased to 30,000 last year.

“Hence, full sorting of the store items helped annul 64 billion euro plus 1200 billion rials order list of items in the year 1393 (2014-15) and 20 million euros plus 550 billion rials order in 1394 (2015-16). For instance, last year, the NISOC was almost to sign contract to secure goods needed for 15 wells but the order was canceled following identification of the items existing in the stores.”

Furthermore, the NISOC was to spend more than 30 billion dollars on import of 14,000 pipelines, which had already existed in the stores, he added.

The official said although elimination of sanctions have prepared the ground for supply of many foreign-made equipment, but the supply out of domestic sources will still be the priority.

“The domestic manufacturers are capable enough and we hope to provide our necessary goods within shortest possible time and at highest possible quality level from inside.”

All three subsidiaries of the NISOC, including South Zagros Oil & Gas Production Co. (SZOGPC), East Oil & Gas Production Company and West Oil & Gas Production Company, have gained high success in construction of oil parts and equipment. All the achievements were put on show at the 8th Khouzestan Specialized Oil Industry Equipment Construction Company.