NIORDC backs domestic manufacturers: CEO

SHANA — The managing director of the National Iranian Oil Refining & Distribution Company (NIORDC) voiced the company’s readiness to support domestic manufacturers of industrial items and parts in line with the principles of Economic Resilience.

NIORDC Chief Alireza Sadighabadi told a press conference on Sunday that the company endorses domestic productions which would materialized economic resilience instructions.

He said the endorsement does not include production of items that would not ensure a positive economic impact in the country.

“We are prepared to hear proposals by manufacturers and support those that are economically sound for the country,” he said.

Sadighabadi, who is also deputy petroleum minister in refining and distribution affairs, told reporters that NIORDC would also readily cooperate with the private sector for exporting liquefied petroleum gas (LPG).

“NIORDC has the capacity of engaging in talks with private sector exporters of LPG in order to ensure firm footing in international markets,” he added.

Last year Iran exported 46 million liters of fuel oil.