15 April 2015 - 10:49
  • News ID: 238668
North Terminal Resuming Oil Swap

TEHRAN April 15(Shana)--North Oil Terminal’s chief, Hamidreza Shahdoust, said necessary preparations are underway for resumption of oil swap [with Caspian Sea littoral states].

Shahdoust noted that repair of oil and oil products storage tanks of North Oil Terminal has entered its final phase, adding these efforts are underway in line with ongoing diplomatic efforts to end unilateral sanctions. 

He went on to say that modernization and upgrading of North Oil Terminal facilities has been started since two years ago after managing director of Iran Oil Terminal Company (IOTC) emphasized the importance of reviving oil swap with northern neighboring countries.

The official said that IOTC’s workforce have finished overhaul of oil storage tank no.102, as part of oil storage facilities of north terminal successfully.
News ID 238668

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