European tanks dock at Iran’s oil terminals after 4 years

Business Materials 14 February 2016 15:07 (UTC +04:00)

Baku, Azerbaijan, Feb. 14

By Fatih Karimov- Trend:

For the first time after the removal of international sanctions on Tehran, three European tankers docked at Iran's Kharg oil terminal, Pirouz Mousavi, the managing director of the Iranian Oil Terminals Company (IOTC) said.

An oil tank owned by France's Total company as well as two other tankers belonging to Russia and Spain have entered Kharg oil terminal at Persian Gulf after a four-year halt, Mousavi said, Iran's Mehr news agency reported.

He forecasted that the oil loading process for the three tankers will be completed within next 48 hours.

Mousavi further said that the three tankers are of Very Large Crude Carrier (VLCC) type.

A day before, Roknoddin Javadi, the Managing Director of National Iranian Oil Company said that Tehran is preparing to lead four million barrels of oil to Europe on Feb.14.

He added that two million barrels of Iranian oil would be delivered to France's Total and the remained cargo would be sold to two Russian and Spanish companies.

He didn't disclose the companies' name, but added that Russian company would deliver the Iranian oil cargo to its refinery in Romania. Russian Lukoil has a refinery (Ploiesti) in Romania.

Earlier, Iranian Oil Minister Bijan Namdar Zanganeh said that the first Iranian oil cargo would be supplied to Total on Feb.16.