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Iranian Oil Storage in Persian Gulf Rises by 500,000 Barrels
With the completion of the reconstruction and overhaul project of Tank No. 4 of the Bahregan region in Bushehr Province, the Iranian crude oil storage capacity in the Persian Gulf has increased by 500,000 barrels, managing director of the Iranian Offshore Oil Company said.
“The storage capacity has now increased by 10%, which will promote the prosperity of the region since the area is a terminal for crude oil and gas condensate import and export,” Alireza Mehdizadeh was also quoted as saying by the Oil Ministry’s news agency Shana.
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