TEHRAN, Oct. 29 (MNA) � IOCT managing director has reported on negotiations with a Dutch firm to renovate and develop Iranian oil terminals in the Persian Gulf.


On the sidelines of Offshore Energy Exhibition & Conference (OEEC) the Netherlands, Managing Director of Iran Oil Terminals Company (IOTC) Seyyed Pirouz Mousavi said Iran�s volume of crude and gas condensate exports has reached pre-sanction levels noting �currently, all facilities, equipment and infrastructures for storage, loading and exports on oil products have been renovated and upgraded.�

The official enumerated several venues for cooperation between Iran and the Netherlands including modernization of harbors, loading arms, storage facilities and Single Buoy Moorings (SBMs); �a number of SBMs used in Iranian oil terminals have been made by the Netherlands with whom partnership can be launched for supplying required equipment.

�Presently, given the refurbishment of facilities, a total of 10 oil tankers can dock at Kharg terminal which undertakes 93 per cent of Iran�s crude exports,� highlighted Mousavi deeming the achievement as a great success for the country�s economy.

IOCT managing director went on to add that his company will continue activities for updating storage and export facilities of crude and gas condensate in line with international standards; �in time woth domestic companies who supply a great portion of the demand, Dutch firms can also participate in the market.�

�Following the removal of sanctions, the highest loading volume per day at Iran�s Kharg oil terminal has been more than seven million oil barrels which were received by Iranian and foreign tankers,� he reiterated.

By Mehr News Agency