Business
Materials
17 May 2025 18:58 (UTC +04:00)


Iran has boosted crude oil storage capacity at its Kharg Operational Area terminals by two million barrels, with the re-commissioning of facilities No. 25 and 26. NIOC CEO Hamid Bovard stated that this expansion will improve export flexibility and reduce costs. Additionally, repairs on five oil tankers will further support Iran’s crude oil exports.

Access to paid information is limited


If You already have a account, please log in

Subscription to paid content

Gain access to all that Trend has to offer, as well as to premium, licensed content via subscription or direct purchase through a credit card.