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News number: 9107126329

20:07 | 2012-12-11

Economy

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Iran Attains Self-Sufficiency in Manufacturing CNG Tanks

TEHRAN (FNA)- Iran's compressed natural gas industry has attained full self-sufficiency and can meet the country's needs to CNG tanks through domestic production, an Iranian official announced on Tuesday.



Secretary of the Fifth CNG Conference Hossein Hashemi told FNA that Iran's self-sufficiency will be officially announced at the conference which will kick off tomorrow.

"One of the peripheral programs is launching the website of Iranian CNG cars which will be available at www.ingv.ir followed by the announcement of Iran's self-sufficiency in manufacturing CNG tanks," he added.

He noted that the CNG conference aims to study the latest achievements of this industry in the presence of foreign guests from Italy, Argentina, India, South Korea, and Iraq.

"An exhibition with the participation of 80 foreign and domestic companies will also be held on sidelines of the conference," Hashemi added.

He said that officials from the Oil, Industry, Mine and Trade ministries will be attending the conference as well.

Iran is a leading country in the CNG industry and the number of CNG stations in Iran has exceeded 2,000, making the country one of the major CNG distributors in the world.

Currently, more than 2.8 million gas-fueled vehicles are counted in the country.

According to the plans by the National Iranian Oil Products and Distribution Company (NIOPDC), a sum of 500 new CNG stations will be built across Iran in the current calendar year (which will end in March 2013) to push the country to the second place in the word.

Iran is currently the fourth CNG distributor in the world, after Pakistan, China and Argentina.