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Iran seeks more oil tankers for growing crude exports: Reuters

20 April 2016 13:55



A new report points to Iran’s ‘need’ for additional oil tankers in its ‘aging’ fleet to handle a surge in the country’s foreign crude shipments.

The Reuters report said Tuesday that a number of Iranian tankers are used for storing crude, and that some are not seaworthy over age.

Iran has 55-60 oil tankers in its fleet, Reuters quoted ‘a senior Iranian official’ as saying.

The news agency said industry sources believe 25-27 tankers are parked for storing crude in sea lanes close to Iranian terminals including Assaluyeh and Kharg Island in the Persian Gulf.

Asked how many tankers were not seaworthy and needed to go to dry docks for refits to meet international shipping standards, the senior official said, “Around 20 large tankers … need to be modernized.”

The report added that a further 11 Iranian tankers from the fleet were carrying oil to Asian buyers.

It said now the country needs more tankers to export oil to Europe and other new destinations.

Iran has boosted its crude exports to a reported 1.75 million barrels per day (bpd) so far in April – up from average March exports of about 1.6 million bpd.

Last week, Iranian officials said the country’s output had surpassed 3.5 million bpd and exports would reach 2 million bpd in the coming month.

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