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Talks Underway to Renovate Southern Oil Terminals

Talks Underway to Renovate Southern Oil Terminals
Talks Underway to Renovate Southern Oil Terminals

Iran Oil Terminals Company has planned a new round of operations to renovate oil terminals, oil storage tanks and single buoy moorings with the help of Dutch enterprises, managing director of IOTC said on Monday.

“With a view to boosting oil exports, serious negotiations are underway with international companies, especially Dutch ones, to embark on oil terminal renovation projects,” Seyyed Pirouz Mousavi was quoted as saying by Mehr News Agency.

Underscoring Dutch companies' access to state-of-the-art knowhow regarding both onshore and offshore installations, the official added that talks are being held with these firms, yet they have not come to fruition.

Stressing that the port of Rotterdam has been one of the world’s major centers for trading oil and chemicals for decades, Mousavi noted that the Dutch port has a lot in common with Kharg terminal in the Persian Gulf state.

Moreover, a number of SBMs used in Iran oil terminals to load crude and gas condensates are made in the Netherlands.

"Plans call for cooperating with Dutch enterprises to acquire the much-needed knowhow to fix the SBMs that have already gone out of service," he said.

According to the official, Rotterdam Port's oil storage facilities have been designed and are being maintained with the most cutting-edge technologies.

Pointing to collaboration with Dutch companies in the security sector, Mousavi said meetings have been held with companies to improve the health, safety and environment standards in Iranian oil terminals.

Asked about Kharg oil terminal's infrastructures to increase oil exports, he noted that five supertankers can dock simultaneously at Kharg terminal and load Iran's oil.

"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," Seyyed Ebrahim Hosseini, the head of Kharg Oil Terminal Export Department, said.

"There are no technical problems for the navigation of European and Asian oil carriers."

Due to the sudden surge in Iran's oil and gas condensate production that reached 2.5 million barrels per day, oil officials have planned to increase the number of oil terminals in the Persian Gulf to meet the need, which explains the transfer of Jask Oil Terminal project to the National Iran Oil Refining and Distribution Company in 2015.

According to reports, since a large number of joint oil and gas fields are located in the Persian Gulf, Jask terminal will help the country expedite oil storage and export operations. The terminal is expected to become fully operational within two years.

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 to increase 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.  

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

 

Financialtribune.com