Posts Tagged “IOTC”

Iran crude storage capacity flies up

Iran crude storage capacity flies up

IOTC managing director said storage duration in Iranian crude oil terminals has climbed to 15 days. Managing Director of Iran Oil Terminals Company (IOTC) Seyed Pirouz Mousavi said oil can now be stored for as long as 15 days without the need for exports. “Iran’s oil storage capacity has currently reached global standards with implementation…

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Netherlands builds floating oil terminal in Iran

Netherlands builds floating oil terminal in Iran

Iran Oil Terminals Company (IOTC) reported that negotiations have been held with a Dutch firm to renovate and develop Iranian oil terminals in the Persian Gulf as well as establish a floating oil terminal. The company’s Managing Director Pirouz Mousavi said on the sidelines of Offshore Energy Exhibition and Conference (OEEC) in the Netherlands that…

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