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Foreign Supertankers Transfer 50% of Iranian Oil

Foreign Supertankers Transfer 50% of Iranian OilForeign Supertankers Transfer 50% of Iranian Oil

Due to the sudden surge in Iran's oil and gas condensates production that reached 2.5 million barrels per day, 50% of the Persian Gulf country's crude are being exported by international supertankers.

"Oil tankers from Norway, Romania, Japan and Spain have been commissioned to berth in oil terminals to transfer half of Iran's oil export, 1 million bpd, to target destinations," Seyyed Ebrahim Hosseini, the head of Kharg Oil Terminal Export Department, told Mehr News Agency.

Pointing to the fact that during sanctions, 90% of Iran's oil were transferred with the help of National Iranian Oil Company's fleet, the official added that the number of domestic very large crude carriers and ultra-large crude carriers cannot take care of the current rise, which explains why half of Iran's oil export should be carried by foreign oil vessels.    

"Most oil tankers belong to states like Turkey, South Korea, India and China, which began to purchase Iran's crude in the post-sanctions era," he said.

According to Hosseini, five supertankers can dock simultaneously at Kharg terminal and load Iran's oil.

There are no technical problems for the navigation of European and Asian oil carriers that use fixed points of reference on the sea, usually with reference to a map, to obtain a fix of the position of the vessel with respect to a desired location.

"Six million barrels can be exported from the terminal per day; in other words, nine oil tankers can berth at the terminal simultaneously, three in Azarpad and six in T-head loading arms," he said.

According to Gholamhossein Gerami, the head of the company's Export Department, Kharg is capable of hosting oil tankers with a capacity of 360,000 barrels.

Abbas Asaddouz, the terminal's managing director, had earlier announced that the strategic project of overhauling underground pipelines at Kharg Oil Terminal in the Persian Gulf has been completed and Iran's largest oil terminal is fully geared for increasing oil exports. The capacity to export oil and petroleum products has risen following the renovation and overhaul of oil terminal facilities on Kharg Island in the Persian Gulf.  

The overhaul of 15 marine loading arms in the island by the Iran Oil Terminals Company has increased oil loading rate by more than 70,000 barrels per hour.

Iran's oil tanker fleet is modern and averages eight years. It is capable of carrying an estimated 120 million tons of oil per year.

Kharg Oil Terminal, located on Kharg Island at the head of the Persian Gulf about 25 kilometers off the coast of Iran, is a mainly marine oil outfit.

 

Financialtribune.com