Crude Exports From Iran's Kharg Terminal at 2.2m bpd
Crude Exports From Iran's Kharg Terminal at 2.2m bpd
Tuesday, May 15, 2018

Crude Exports From Iran's Kharg Terminal at 2.2m bpd

Tuesday, May 15, 2018

Crude Exports From Iran's Kharg Terminal at 2.2m bpd

Close to 800 million barrels of oil were exported from Iran’s largest oil loading and export facility, the Kharg Oil Terminal, in the previous fiscal that ended on March 20, 2018, managing director of Iran Oil Terminals Company said.
"Kharg terminal’s crude oil loading capacity has increased to 8 million barrels per day, which is three times over and above the current level of oil and condensates exports," Seyyed Pirouz Mousavi was quoted as saying by Shana, the Iranian National Oil Company's news agency. 
According to the official, daily exports now exceed 2 million bpd of crude oil plus 600,000-700,000 barrels of condensates, a type of ultra light crude.
The oil terminal is located on Kharg Island in the Persian Gulf, 25 kilometers off the coast of Iran. According to officials, more than 90% of Iran’s crude exports are shipped from the key island. 


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