NO. 31



NIOC Official Says Sirri Shuttle Can Handle 1.5mn b/d

Iran now has the capacity to ferry some 1.5mn b/d of crude oil from KhargIsland to the export terminal at Sirri further south in the Gulf, according tothe Crude Oil Marketing Manager of the National Iranian Oil Company (NIOC), Mr.Fereidoon Houshmand. Speaking during a visit to Europe, Mr. Houshmand said thatIran has 10 VLCCs for transferring crude from Kharg to floating storage at Sirri,and that "turning each...