News Agency - Detail

Upstream, Downstream Oil Industries Innovative: Official

Upstream, Downstream Oil Industries Innovative: Official
(Monday, May 16, 2022) 23:45

TEHRAN (NIPNA) -- "Fortunately, what we see at the oil fair is that we have had good innovations in both upstream and downstream industries," said the vice president for economics.

Mohsen Rezaei told reporters today (Monday, May 16) on the sidelines of the 26th Iran International Oil, Gas, Refining and Petrochemical Exhibition that it is impossible to generate wealth by selling raw materials: "We must produce 100% of our needs ourselves and be self-sufficient in innovations as well.”

He added: "The International Oil Exhibition has the advantage of introducing the country's technical progress (in the field of oil), and since knowledge is gained in this regard, we will accelerate in industrialization."

The Vice President for Economic Affairs said: "Fortunately, what can be seen here is that good innovations have emerged in both upstream and downstream industries. Of course, we are at the beginning of the road and we hope that industrialization will be accelerated in the coming years so that we can increase our wealth."

Email is required
Characters left: 500
Comment is required