Middle East Economic Survey

VOL. LII

No 36

7-Sep-2009

IRAN

Iran Completing 15% Expansion Of Oil Products Storage Capacity

National Iranian Oil Products Distribution Company (NIOPDC) Managing Director Farid Ameri said on 28 August that the company expected to complete a further expansion of its strategic fuel storage capacity during September. The company will then have capacity to store a total 10.9bn litres (68.56mn barrels) of fuel oil, gasoline and gasoil, an increase from the current capacity...