Middle East Economic Survey

VOL. LI

No 7

18-February-2008

IRAN

Irans Oil Products Storage Capacity To Reach 75Mn Barrels By 2010

The National Iranian Oil Refining and Distribution Company (NIORDC) plans to increase its total refined products storage capacity to 12bn liters (75.48mn barrels) by the end of Irans fourth five-year economic development plan (2005-10), IRNA news agency reported on 9 February. The report cited Noureddin Shahnazizadeh, Managing Director of NIORDCs National Iranian Oil...