Iran unveils catalyst for use in refinery in Venezuela
An Iranian company sponsored by the country’s Oil Ministry has unveiled a first home-made catalyst that is planned to be installed at cracking unit in a refinery in Venezuela, a country where fuel production has faced disruptions in recent years because of parts shortages caused by US sanctions.
The catalyst manufactured by Eksri Novin Asia was unveiled in a ceremony in Tehran on Wednesday where Iranian deputy oil minister Jalil Salari, who also leads the country’s state-run fuel company NIORDC, was in attendance.
A report on NIORDC’s website said that the catalyst will be a first of its type made in Iran that will be installed in a refinery outside of the country.
The report did not clearly mention that the catalyst has been produced to serve the needs of refineries in Venezuela, a country which produces heavy grades of oil.
However, earlier reports had indicated that the device was ordered by Venezuelan authorities during a trip to Tehran by President Nicolas Maduro in June 2022
Iran has been supplying equipment and technology to Venezuela’s oil sector to help the country in its efforts to offset the impacts of US sanctions.
Iran’s technical support has helped Venezuela restore production in its oilfields and refineries and cope with a major shortage of fuel caused by the sanctions.
Under arrangement reached with Venezuela, Iran supplies its grades of crude oil to refineries in the South American country where they are processed into other products with greater commercial value, such as gasoline.
Back in 2018, Iranian companies had managed to manufacture catalytic cracking devices needed in the country’s refining industry.
Tehran economic conference: Raeisi hails Iran-Africa expansion of ties
What to expect after President Raeisi's historic visit to Pakistan
Raeisi attends inauguration of Iran-built mega multipurpose project in Sri Lanka
Portugal rejects paying reparations for colonial-era atrocities
Dozens of Hezbollah rockets hit Israeli regime's Meron Air Base
VIDEO | Large march for Gaza held in Vienna
VIDEO | Thousands call on UK Govt to stop arming Israel
‘Stop the war,’ anti-regime protesters chant in Tel Aviv
VIDEO | 6th Intl. Export Potential Exhibition held in Iran
Israeli plane previously used by Mossad officials lands in Riyadh: Report
US police clear another pro-Palestinian encampment
This makes it easy to access the Press TV website
