Iran oil-export capacity ups by 6.4% in Ship-tracking data

TEHRAN (FNA)- The combined carrying capacity of oil tankers leaving Iranian ports last month rose 6.4 percent from July, vessel-tracking data compiled by Bloomberg showed.

The implied capacity of departing vessels rose to the equivalent of 1.07mln barrels a day from 1.01mln barrels, according to signals gathered by IHS Maritime, a Coulsdon, England-based research company.

The data showed estimated vessel capacities in millions of barrels a day, based on signals from tankers that stopped at Iranian ports as well as movements near the nation’s terminals by its own tankers and Asian ships that previously loaded Iranian cargoes since the European Union’s embargo began in July 2012, the Iranian Mehr News Agency reported.

The tallies assume standard cargo sizes of 2mln barrels each for very large crude carriers, 1mln for Suezmax tankers and 650,000 for Aframaxes. Japanese VLCCs that also stopped at other terminals in the Persian Gulf were assumed to load 1mln barrels in Iran.

The data also shows estimates from the International Energy Agency (IEA), the Paris-based adviser to industrialized countries. The IEA counts cargoes once they are received in importing countries, whereas the ship-tracking data compiled by Bloomberg tally exports when they leave Iran.

By Fars News Agency


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