(MENAFN) Shana quoted Head of the National Iranian Gas Company (NIGC) as saying that the indigenization of the knowledge for the production of gas industry equipment saved Iran more than 250 million euros in the last few years.
“So far, of the 29 major items required by the industry, 25 have been indigenized by signing deals and agreements with local knowledge-based companies,” stated Hassan Montazer Torbati citing deal with domestic knowledge-based companies for the production of 25 major gas industry equipment items.
Montazer Torbati also declared that “Decisions have also been made for the indigenization of the other four items and negotiations are underway.”
He added that national Iranian Gas Company pursues its technological requirements in numerous ways; part of the need is met through institutes and knowledge-based companies, some through manufacturing contracts, and part through technology transfer.
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