He added that two of the said ships will be completed and used in the Caspian Sea within the next five years, and the third one will be completed in the next six years. Hosseini noted that the company is of great potentiality to carry out different projects including the oil and gas ones. Given the presence of the company in the offshore projects such as ship-building, pipe-laying, and constructing the drilling derricks so far, it plans to expand its activities in the future, he added. He further noted that the company is also capable of doing activities in the onshore sector. Speaking about the projects currently underway by SADRA, he stated that the company is carrying out pipe-laying as well as construction of the platforms of phases 6, 7, and 8 of the South Pars, which are at the final stages. He referred to the contract made with Germany to build 4 multiple-purpose ships each weighing 25,000 tons, saying, the company has begun building these ships. He also said that SADRA has signed a contract with the National Iranian Tanker Company on construction of five 63,000-ton oil tankers. The contract will be finalized once the required credits are provided, he added, putting the construction cost of these tankers at $180 million. PIN/MNA