Oil Terminal

  • IOTC at Forefront of Economic War on Iran Oil Industry

    IOTC at Forefront of Economic War on Iran Oil Industry

    TEHRAN (Shana) -- Iranian Oil Terminals Company (IOTC) is at the forefront of the country's economic battle, and its operations management staff, along with other departments, have shone brightly under the sanctions, said the IOTC caretaker.

  • Export/Import Terminal of Shahid Rajaei Port Launched

    Export/Import Terminal of Shahid Rajaei Port Launched

    TEHRAN (Shana) -- Sepahan Oil Company's export and import terminal of Shahid Rajaei Port was put into operation on Saturday by video conference with the order of the Minister of Petroleum.

  • IOTC at Forefront of Economic War: Official

    IOTC at Forefront of Economic War: Official

    TEHRAN (Shana) -- The Director of International Affairs of the National Iranian Oil Company (NIOC) stated: The Iranian Oil Terminals Company (IOTC) has been fully serving the country, and now that we are facing the most severe sanctions in history, it is at the forefront of the economic war.”

  • Jask Diversifying Iran Oil Export Markets

    Jask Diversifying Iran Oil Export Markets

    TEHRAN (Shana) -- The first phase of implementation of crude oil export from Jask Port is starting against the backdrop of Iranian officials realizing their dream of diversity in the crude oil export markets, as well as security of energy supply in Iran. The idea of construction of an oil terminal in Jask was first brought up in 1980s, but the project started under the administration of President Hassan Rouhani. To that effect, necessary planning was made and meetings were held. Since domestic manufacturers could not build some equipment and commodities in the country, they were planned to be purchased from foreign companies. The foreign firms did not keep their promises and once the US re-imposed sanctions on Iran in 2018, foreign firms quitted any cooperation with Iran.

  • Kharg Oil Storage Capacity Grows

    Kharg Oil Storage Capacity Grows

    TEHRAN (Shana) -- Over the past decades, Iran has been a leading supplier of oil in the world. It has maintained its presence in international markets and has met its obligations based on quotas set by the Organization of the Petroleum Exporting Countries (OPEC). Although international sanctions have brought about obstacles ahead of achieving its goals, nothing has halted Iran’s crude oil exports to global markets. A review of existing infrastructure in Iran’s petroleum industry, specifically in oil exports, indicates that Iran’s oil exports has regularly and constantly got under way, from production to logistics.

  • IOTC Receives Management Standard Certificates

    IOTC Receives Management Standard Certificates

    TEHRAN (Shana) – The Iranian Oil Terminals Company (IOTC) has succeeded in obtaining standard management certifications from SGS IRAN.

  • Offshore Pipe-Laying Operations of Jask Oil Terminal Kicks Off

    Offshore Pipe-Laying Operations of Jask Oil Terminal Kicks Off

    TEHRAN (Shana) -- The head of Jask Oil Terminal Development Project announced the start of the offshore pipeline operations of the early production phase of the project.

  • Iran Boosts oil storage capacity by Launching Export terminal in Persian Gulf

    Iran Boosts oil storage capacity by Launching Export terminal in Persian Gulf

    TEHRAN (Shana) – Iranian President Hassan Rouhani ordered the opening of a new oil export terminal with relatively large storage and bunkering facilities near the mouth of the Persian Gulf on Thursday.

  • Iran Ends Monopoly of Building Key Oil Industry Items

    Iran Ends Monopoly of Building Key Oil Industry Items

    TEHRAN (Shana) -- The CEO of Iranian Oil Terminals Company announced construction of the NQ900 electric actuator and automatic sampler controller by local experts.

  • IOTC Keen on Tapping Local Capabilities: CEO

    IOTC Keen on Tapping Local Capabilities: CEO

    TEHRAN (Shana) -- The CEO of the Iranian Oil Terminals Company (IOTC) said the company was serious in exploiting the equipment and services offered by domestic companies.