TEHRAN, Aug 17 (Shana) An official with the Iranian Oil Terminals Company (IOTC) says Iran can swap up to 120,000 b/d of crude oil with its northern neighbors at North Oil Terminal. Hamid Reza Shadoust, a local IOTC official in the city of northern city of Neka, said on Wednesday that preparations began at the terminal for oil swap as per an order ...

TEHRAN, Dec. 30 (Shana) Director of the North Terminal in Iranian Oil Terminals Company (IOTC) said that following the removal of anti-Iran sanctions, the company can resume oil swap operation. Hamid-Reza Shahdoust said the terminal under his management is facing a number of challenges such as outdated tankers which have lowered its swap capacity ...

Iran is developing an oil terminal in a northern Caspian port to allow docking bylarge tankers, an official said on Monday. With the development of the terminal, 14,000-ton oil tankers will be able to anchor in the Iranian port of Neka, local media quoted Hamid-Reza Shahdoust at the National Iranian Oil Company as saying. The plan will make itpossible ...