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NIOPDC Deputy Manager: Iran distributes 74 billion liters of different oil products

Oil&Gas Materials 9 March 2011 16:23 (UTC +04:00)

Azerbaijan , Baku, March 9 / Trend, A.Yusifzade /

Roughly 74 billion liters of different oil products has been distributed in Iran from March 21, 2010 to February 20, 2011, Shana reported quoting Deputy Manager of the National Iranian Oil Products Distribution Company (NIOPDC) Abas Filserayi as saying.

According to Filserayi, Iranian oil-tankers delivered 65 billion liters of oil products during this period.

The National Iranian Tanker Company (NITC) will be among the top three largest oil tanker companies across the globe by 2013, Press TV reported.

Once NITC takes delivery of 22 Very Large Crude Carriers (VLCC) and expands its fleet by 72 percent by 2013, it will be among the top three, Area Manager Captain R. Qareh told Bloomberg.

The official described the sanctions on Iran as ineffective, saying that NITC continues to carry crude produced by Royal Dutch Shell Plc and Total SA, in addition to oil from Saudi Aramco and other producers in Kuwait and the UAE capital Abu Dhabi.

"We have not faced any problems," Qareh said.

The NITC plans to have 74 ships of all sizes, including VLCCs and smaller vessels, he said, adding that the company will operate 50 VLCCs by 2013, which is nearly twice as much as the current number of 28.

He also underlined that the company is now the biggest tanker operator in the Middle East and the fourth-biggest worldwide with a total of 43 ships.

Norway's Frontline Ltd. is the world's largest operator of supertankers.

NITC is a subsidiary of the National Iranian Oil Company, which was privatized in 2009.

Its ships carried 104 million tons of crude last year, 51 percent of which went to Europe.

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