No 32



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...