25 Apr 2024
Sunday 4 November 2012 - 17:33
Story Code : 9583

Irans sales of fuel oil to vessels in Gulf tops 800,000 tons

Irans sales of fuel oil to vessels in Gulf tops 800,000 tons
By Bloomberg

Iransold more than 800,000 tons offuel oiland 50,000 tons of gasoil to vessels navigating in the Persian Gulf in the first half of the Iranian year started March 20,Farsreported, citing an energy official.

National Iranian Oil Products Distribution Co. sold on average 4 to 6 million liters of fuel oil per day, Managing Director Jalil Salari was cited as saying in the state-run news agencys report.

The quality of Irans fuel oil and its strategic position can help ensure NIOPDCs success in bunkering, said Salari who did not elaborate on the companys revenue from this activity. The company is engaged in bunkering activity in thePersian Gulfand the Oman Sea, the report said.

Iran, which is under Western-led financial and energy sanctions over its nuclear program, is one of the main producers in the Organization of Petroleum Exporting Countries.

 

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