IRAN

Despite Diversification Plans Iran Will Remain Dependent on Kharg Terminal for Some Time To Come

Although there can be little doubt about the seriousness of Iran's plans to diversify its oil export outlets away from the Kharg Island terminal to locations less vulnerable to Iraqi air attacks, press reports over the New Year to the effect that Iran is about to abandon the Kharg installations are patently premature and exaggerated. Given that the main diversification projects are...