Iran’s Vice Presidency for Science and Technology has signed a Memorandum of Understanding with the Ministry of Petroleum for the purpose of using nanotechnology-based products and services in the country’s petroleum industry in order to meet the needs of the industry.
The MoU on market development and application of nanotechnology products and services in the Oil and Gas Industry was signed between Vice-President Sorena Sattari and Petroleum Minister Bijan Zanganeh on Saturday.
The two sides sealed the agreement during the opening ceremony of
At the ceremony, Sattari appreciated the Ministry of Oil’s support for knowledge-based companies and start-ups, and said a Petroleum Innovation Zone is to be launched as the next step.
“By taking these measures, an ecosystem where young creative youths are active will be launched within the next six years in an indigenous atmosphere where petroleum products are supplied domestically.”
For his part, Zanganeh said this measure is also aimed at contributing to the boom in technology and innovation.
“In general, we continue this strategy as we have supported the technological work of researchers so far, but we keep this move organised in order to achieve our goals in the framework of standard rules.”
The agreement signed between the vice presidency and oil ministry was in line with the Iranian Leader’s policies and guidelines aimed at flourishing the knowledge-based economy, countering cruel sanctions and increasing the employment of expert staff.