IOTC To Increase Oil Storage Capacity At Neka
Iran plans to expand crude oil storage capacity at the Caspian Sea port of Neka in expectation of increased oil swap deals with Caspian producers, Iranian Oil Terminals Company (IOTC) Managing Director Pirouz Mousavi announced on 13 May. He told Shana that the company would issue a tender within the Iranian calendar year ending 20 March 2013 for the construction of three 150,000 barrels capacity tanks at...
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