Iran Bans Wellhead Facilities Import

Managing Director of the National Iranian Oil Company (NIOC), Seifollah Jashnsaz, announced that foreign purchasing of all kinds of wellhead facilities is forbidden. According to his decree local manufacturers of well-head facilities are to be supported since they are now able to manufacture facilities at 3000, 5000 and 10,000 psi. – Jahan-e Eghtesad