Iran increasing oil storage in Persian Gulf

Oil Materials 5 September 2022 13:36
Tehran, Iran Trend News Agency
Iran increasing oil storage in Persian Gulf

The reconstruction and overhaul of a large reservoir used by Continental Plateau Oil Company of Iran has increased the storage capacity of the country by 500,000 barrels, Trend reports citing ILNA.

The CEO of Iran's Continental Plateau Oil Company Alireza Mehdizadeh said the reconstruction and overhaul project of reservoir No. 4 in Behregan region started in March 2019.

He noted that the oil storage capacity of the Behregan Oilfield managed by Continental Plateau Oil Company has increased by 10 percent.

Bahregan is one of major Iranian oil fields in Bushehr Province.

According to the official, it was proposed to build a oil storage reservoir with the capacity of 250,000 barrels in Kharg region, within the next 3 months.

Mehdizadeh also announced a tender on construction of 3 more reservoirs in Behregan Oilfield region with a total nominal capacity of 1.3 million barrels of oil.