Domestic Manufacturers: Backbone of Iran Petchem Industry

Domestic Manufacturers: Backbone of Iran Petchem Industry
(Tuesday, October 7, 2025) 09:57

TEHRAN, Oct. 7 (NIPNA) — Ehsan Saqafi, Chairman of the Board of the Iranian Oil Industry Equipment Manufacturers Association (STESNA), announced that the share of domestically manufactured equipment in the oil, gas, and petrochemical sectors has reached 85 percent, marking a significant leap from less than 10 percent in the early 1980s.


Speaking at a press conference for the 7th Oil, Gas, Petrochemical, and Refining Exhibition and Conference—focused on supporting domestic production—Saqafi emphasized that many of the equipment and technologies developed in Iran today not only meet domestic industry needs but are export-ready and globally competitive.

He attributed this achievement to the continuous efforts of Iranian manufacturers and knowledge-based companies, who, despite sanctions, have managed to localize a vast range of equipment according to international standards.

Saqafi stressed the need for a fair competitive environment between local manufacturers and importers, noting that true economic growth depends on prioritizing national production and ensuring domestic producers can compete on equal terms.

He further highlighted that external pressures and sanctions have led to a stronger focus on self-sufficiency, with Iranian manufacturers preventing project shutdowns and effectively serving as “the hidden pillars of the oil economy.”

Regarding export potential, Saqafi noted that Iranian high-tech products have already found markets in countries such as Venezuela, with some exports routed through third countries due to sanctions.

He announced plans to raise the domestic production share to 95 percent within the next five years, contingent upon sustained support from authorities.

Saqafi also underlined the importance of holding domestic production exhibitions, especially under current circumstances, as they serve not only economic but also psychological and international purposes—boosting confidence, showcasing capabilities, and reinforcing industrial development.

He concluded by reaffirming STESNA’s commitment to active participation in the upcoming exhibition, describing it as a symbol of national trust in domestic capacity and a key driver for Iran’s sustainable industrial progress.

 


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