Tag Archives | Iranian Oil Terminals Company (IOTC)

Iran Boosts Condensate Exporting Capacity

Iran has improved Asalouyeh Gas Condensate Export Terminal so that three vessels can call at the terminal for loading gas condensate (ultralight crude oil) at the same time. Head of the terminal Gholamabbas Heidari said very important measures have been taken in the terminal for facilitating export of the item which include bolstering infrastructures as […]

Iran Triples Loading Capacity at Key Oil Terminal

Iran has increased the capacity of its largest oil terminal to as high as eight million barrels per day (bpd) – another indication that the country is preparing for bigger exports to global markets. That means the average loading capacity for crude and condensate exports at Kharq [Kharg] terminal has now tripled, Seyyed Pirouz Mousavi, […]

IOTC Plans to Export West Karoun Oil

The Iran Oil Terminals Company (IOTC) is preparing infrastructure to export oil produced from fields in the West Karoun area in western Iran, the IOTC chief said. “The company has received a plan to export West Karoun crude oil and this operation is set to start after preparing such infrastructure as Genaveh-Kharg pipeline and an […]

Kharg Terminal Steps up Loading Capacity

Managing director of Iranian Oil Terminals Company (IOTC) says Kharg Oil Terminal has increased its export capacity and can now load 8 oil tankers at the same time. Saeid Pirouz Mousavi said the raise comes after infrastructural upgrades in the terminal carried out by domestic developers and took over two years. He said the terminal […]

Iran to Build Underground Oil Storage

Iran plans to embark on a project in cooperation with a foreign company to build strategic underground reserves to store crude oil, an official announced. The project will be implemented near a Persian Gulf littoral city at a distance of 100 kilometers from the coast, Managing Director of Iranian Oil Terminals Company (IOTC) Pirouz Mousavi […]