New Oil Storage Units

New Oil Storage UnitsNew Oil Storage Units

Four oil storage facilities, each with a capacity of one million barrels, were inaugurated in Kharg oil terminal.  The new storage facilities have increased Iran's oil export capacity by 16 percent, Mehr news agency quoted Seyed Pirouz Mousavi, managing director of the Iranian Oil Terminals Co., as saying on Thursday. The terminal is located in Kharg Island, in the Persian Gulf.