Oil Exports From Iranian Port Rise 40%

Monday, 6th August 2018
by Editorial Team

Umm Qasr, IRAQ: A ship is connected to the Basra Oil Terminal twelve nautical miles off the Iraqi coast in the waters of the Northern Arabian Gulf close to the port town of Umm Qasr 08 August 2006. The terminal is the main source of Iraq’s revenues, a key supplier to the global energy market and an obvious target for insurgents aiming to thwart the country’s economic recovery. AFP PHOTO/POOL/THAIER AL-SUDANI (Photo credit should read THAIER AL-SUDANI/AFP/Getty Images)

Oil exports from the Shahid Bahonar port in southern Iran have risen by 40% over the past four months, Mehr News Agency reported.

The director general of the Shahid Bahonar port Hamid Reza Mohammad Hosseini presented a report which stated that petroleum products exported through the terminal since March 21 (the start of the Iranian year) marked a 40% increase in comparison to the same period last year.

The port is responsible for nearly 5% of Iranian port activities and serves as a transit route and transportation hub due to its access to open water and the Persian Gulf.

Hosseini added that the number of passengers travelling through the Shahid Bahonar and Shahid Haghani ports in the Hormozgan province had risen 5% to 1.4 million.

The issuance of shipping rights in the Shahid Bahonar port for non-oil goods also increased by 116%.