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Source: Shana 12/30/2008, Location: Asia
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The completion of construction work of new storage tanks in Kharg Island will enable the country to raise its storage capacity by 25 percent.
Managing director of Iranian Oil Terminals Company Mousa Souri told PIN, construction work of the planned five-million-barrel storage tanks in Kharg Island is expected to be completed by next 30 months.
Storing more oil, National Iranian Oil Company will have more opportunity to sell it at a good price," he added.
He had already cited that the oil storage volume of the country is less than 10mm tons storing in 5 tankers, adding that the volume is at its lowest rate in recent years.
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