Iran Increasing Storage Capacity for Oil Products
06.21.2012 - NEWS

June 21, 2012 [Fars News Agency] - Oil products storage capacity will rise by 1.1 billion liters by the end of this year through launching new oil products storage facilities across the country, senior Iranian oil ministry officials announced.


Speaking on the sidelines of the opening ceremony of a new oil storage facility in Ahwaz, Southern Iran, Managing-Director of the National Iranian Oil Products Distribution Company (NIOPDC) Jalil Salari said the current storage capacity of oil products is equivalent to 50 days forward consumption, and expressed the hope that the capacity would rise to 80 days by commissioning new facilities. 

“The level of different oil products storage varies and, for example, it is equivalent to 50 days forward consumption for gasoline and fuel oil and 60 days for kerosene,” Salari said according to Shana. 

He stated that oil products storage facilities in Mahshahr oil exports port, Birjand, Malayer, Shiraz and Kerman cities are among those facilities which will come online this year and will boost oil products storage capacity considerably. 

He said the company conveys 250 million liters of oil products each day of which oil pipelines are responsible for 60 percent, oil tanker trucks for 20 to 22 percent, sea routes for 10 to 12 percent and railroad for approximately 4 percent. 

Referring to launching Nezamiyeh oil storage facility in Ahwaz on Sunday, the NIOPDC top executive said, “Khuzestan province’s oil products storage capacity accounted for five percent of the country’s total storage capacity which rose to 9 percent by startup of the new facility.” 

The official referred to the fifth Five-Year Development Plan’s objectives on boosting the share of non-fossil fuels in the country’s energy basket, and said for the first time we used ethanol as the base for production of gasoline in Nezamiyeh in Ahwaz which could be used in training planes. 

Oil storage capacity at Nezamiyeh in Ahwaz City rose from 460 million liters to 586 million liters and at the same time the country’s fuel storage capacity went up by 126 million liters,” the official said during the ceremony. 

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