Energy
0

Supply of Crude Oil, Derivatives Stabilizes in Northern Regions

The completion of the 26-inch 420-km-long Naeen-Kashan-Rey pipeline has increased gasoline transfer from the Persian Gulf Star Refinery in Hormozgan Province to Tehran from 170,000 barrels per day to 220,000 barrels
Supply of Crude Oil, Derivatives Stabilizes in Northern Regions
Supply of Crude Oil, Derivatives Stabilizes in Northern Regions

A total of 50 billion liters of crude oil and petroleum products were transferred via pipelines from Tehran to northern regions, namely Gilan and Mazandaran provinces in the last fiscal year (March 2022-23), indicating a 12% increase compared to the previous year, managing director of the Iranian Oil Pipeline and Telecommunication Company's Tehran office said on Monday.
"Of the total transfer, 20 billion liters were crude oil and the rest was derivatives," Mojtaba Besharatian was also quoted as saying by the Oil Ministry’s news service.
The construction of new pipelines to transfer petroleum products from southern oil terminals to Tehran tops the agenda of the National Iranian Oil Refining and Distribution Company, as this approach has priority over other means of supply such as tanker trucks, he added.

Premium

Subscribe to the Financial Tribune to continue reading this article or Log in to your account if you are already a subscriber.

Find out more about our subsciption plans here.

Add new comment

Financialtribune.com