Iran Plans To Expand Crude And Products Storage Capacity

Published on Monday, 25 Jun 07:00 am

Iran has announced plans to expand storage capacity for both crude oil and products. Iranian Oil Terminals Company (IOTC) Managing Director Pirouz Mousavi told state-owned new agency Shana on 13 June that Iran plans to build its first underground oil storage depot, some 100km from the Gulf coast.
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