IRAN
Iran Plans To Expand Crude And Products Storage Capacity
Iran has announced plans to expand storage capacity for both crude oil and products. Iranian Oil Terminals Company (IOTC) Managing Director Pirouz Mousavi told state-owned new agency Shana on 13 June that Iran plans to build its first underground oil storage depot, some 100km from the Gulf coast. He said that Iran would be the first Middle East country to build strategic underground storage. He...
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