Oil storage capacity serves as a safety valve for production and exports. While oil-producing countries focus on increasing output and exports, storage capability remains a critical factor. Expanding storage capacity helps stabilize export levels despite fluctuations in production, ensuring export commitments are met.

Recognizing this, Iran has prioritized increasing crude oil storage capacity and will present five projects to investors at the event. Three projects involve building new storage facilities, while two focus on constructing crude oil transfer pipelines.

The proposed opportunities include storing 7.7 million barrels of crude oil and building 238 kilometers of pipeline. Among them:

- The National Iranian South Oil Company offers a storage project with a 2 million-barrel capacity.

- Arvandan Oil and Gas Company presents a 1 million-barrel storage project.

- The Iranian Central Oil Fields Company (ICOFC) proposes a 500,000-barrel storage project.

- Additionally, the Iranian Oil Terminals Company introduces a project for a 238-kilometer pipeline and a 4.2 million-barrel storage facility.

At the event, NIOC will present over 200 investment opportunities to large, medium, and small investors under various contract models.