'Iran gas production to increase by twofold in next three years'
Sun Dec 30, 2012 2:11PM
“Thanks to the [US and European Union] sanctions [against Iran] and with the efforts made [by Iranian experts], currently about 70-80 percent of [Iran's] oil industry and refinery equipment are produced domestically,” Qasemi said.In early 2012, the United States and the European Union (EU) imposed new sanctions on Iran’s energy and financial sectors. The illegal US-engineered sanctions have been imposed based on the unfounded accusation that Iran is pursuing non-civilian objectives in its nuclear energy program. Iran rejects the allegation, arguing that as a committed signatory to the Non-Proliferation Treaty and a member of the International Atomic Energy Agency, it has the right to use nuclear technology for peaceful purposes. PG/HGH/SS