
Managing Director of the National Iranian Gas Company (NIGC) Hamid Reza Araqi downplayed the effectiveness of sanctions on the country's oil and gas industry, and said the NIGC is resolved to switch on ten gas pressure booster stations across the country by March 2015.
“In the year the sanctions intended to restrict the country’s progress, the NIGC is to operate 10 gas pressure booster facilities by the end of the current calendar year,” Araqi said.
He said that operation of these facilities would equal construction of a refinery.
The US and the UNSC sanctions against Iran's oil and gas industries could not only stop the country's progress but also encouraged Iranian industrialists and engineers to take giant strides towards accessing self-sufficiency in planning, manufacturing and installing of various oil and gas-related parts and facilities.
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