VOL. XLVI
No 32
11-August-2003
IRAN
Iran Orders Tankers For Caspian Crude Swaps
The National Iranian Oil Tanker Company (NIOTC) has ordered six oil tankers from the Iranian firm Sadra Tanker worth $240mn. The tankers will be used to increase Irans crude swap agreements with Kazakstan and Turkmenistan, which Iran says currently amount to 100,000 b/d. NIOTC Planning Director Abdoldamad Taaqol said on 3 August that the tankers, built with the assistance of a Russian firm, would each have a dwt of...
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