Iran Records 60% Rise in Oil Export Volume

Iran Records 60% Rise in Oil Export Volume

Iran records a 60% increase in oil export volumes by foreign supertankers docking at the country’s southern Kharg oil terminal, in the Bushehr province, in the first four months of the Iranian calendar year, starting on March 20th, compared to the same period of 2015, informed Mehr News Agency.

Bushehr Province Ports and Maritime Organization’s Director, Mohammed Benchari, stated that “a total of 250 super oil tankers have been loaded at Kharg terminal.” He added that the augmented number of super oil tankers in the given period were 925 vessels, with more than 35.8 m tons of products loaded and shipped.

Iran has thus started recognizing the positive impact of the Joint Comprehensive Plan of Action (JCPOA) implemented in January 2016, under which all nuclear related sanctions imposed on Iran would be lifted.

According to Press TV,  Kharg is Iran’s main export oil terminal. It is a continental island located 57 km northwest of Bushehr in the Persian Gulf region. Iran loads and exports most of its crude oil from the terminal.

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