Middle East Economic Survey

VOL. LIII

No 21

24-May-2010

IRAN

Iran Aims For Larger Role In Regional Bunkering

Irans Minister of Transportation Hamid Behbahani told the petroleum ministrys PIN news service on 19 May that Iran has secured 20% of the bunkering market in the Persian Gulf region and the percentage will stand at 50% by the end of the fifth five-year development plan (2010-15). He said Iran has diverted most of its bunkering operations from Fujairah, UAE, to Iranian ports. Farid Ameri,...