Middle East Economic Survey


No 15



Iran Builds Up Gasoline Stocks In Offshore Tankers

Iran is stockpiling up to 7.7mn barrels of gasoline on 12 oil tankers anchored off Kharg Island in the Gulf, Reuters reported on 7 April. An unnamed National Iranian Oil Company (NIOC) official reportedly said: We will continue to store gasoline to make sure we are always in a comfortable position. We want to make sure we have no supply shortages. Tehran had decided to increase gasoline...