IRAN

Iran Plans Third New Oil Outlet at Jask 

According to Iranian Oil Minister Gholamreza Aghazadeh, Iran is actively considering the construction of three, not two, further oil export facilities to complement its existing Kharg Island, Sirri and Lavan terminals, and its total export capacity will reach 13mn b/d once the new facilities are completed.

Iran has embarked on two crash programs to provide alternative outlets for oil exports in the face of Iraq's stepped-up attacks on...