Iran suffers $45 million loss
Iran has suffered a loss of about $45 million for storing oil in
a tanker at sea.
Two years ago when two million barrels of the country’s oil were
not sold, the top official in charge decided to store the oil at
sea.
So, a tanker was hired at $45 million, Fars news agency reported
July 25.
The report goes that the official_ mentioned by initials M.S._ then
made the decision in coordination with current officials of the oil
industry.
The tanker kept the oil for about one year near Iran’s border with
Oman.
The point here is that the identity and ownership of the tanker are
unknown.
Iran could have bought a modern, fully equipped, ocean-going tanker
with that money.
The hiring of the tanker caused controversy two years ago, but Iran
denied reports.
The last time was June 17 when Iran again rejected a new report
published by Reuters about storing as much as 40 million barrels of
oil on supertankers at sea.
Currently Iran has no crude oil stored on ships, Mohsen Ghamsari,
director for international affairs at the National Iranian Oil
Company said.
Back in March, Reuters report that Tehran is storing at least 30
million barrels of oil on its fleet of supertankers was rejected by
Iran immediately.
Iran's crude oil export was above 2.2 million barrels per day
(mb/d) in 2011, but the western sanctions imposed in mid-2012 have
pushed Iranian oil export volume to around one mb/d in 2013.
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