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Bunkering revenue reaches $844m

Business Materials 24 December 2009 12:05 (UTC +04:00)

Iran earned some $844 million through bunkering ships in the Sea of Oman and the Persian Gulf region in the 8-month period which ended October 22, 2009.

Iran's revenue from bunkering is estimated to reach $1.2 billion by the end of current Iranian calendar year (March 20, 2010), the Mehr News Agency reported.

The nation's share of bunkering in the Sea of Oman and the Persian Gulf region is to reach 20-25 percent by the end of year.

Iran earned $1.9 billion through bunkering service in the previous Iranian calendar year (ended March 19, 2009), SHANA reported.

Ship bunkering is the process of refueling a ship.

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