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Iran Oil Export Terminals Up and Running

 Iran Oil Export Terminals Up and Running

Saturday، 06 April 2019 | Article Rating

TEHRAN (Shana) -- Safety conditions have been established at Iran’s oil terminals to ensure there would be no interruptions in the country’s oil exports, said the CEO of the Iranian Oil Terminals Company (IOTC).

According to IOTC, Abbas Asadrouz, addressing the crisis management and passive defense meeting of Khark Island that was held in the wake of recent flooding in the country, said according to the weather forecasts, the required measures have been taken to prepare for any event in the island to ensure that there would be no interruptions in the country’s oil exports.

He added: “All units are on standby for any state of emergency triggered by extreme rainfall, flooding and waterlogging in the island”.

Iran exports almost all of its oil from Khark Oil Terminal in the Persian Gulf.

At least 19 people were killed and more than 100 injured in flash floods in Iran’s southern Fars Province, with more rain forecast following days of devastating floods in the north.

Unprecedented Flooding

Heavy flooding continued in Iran last week as many provinces geared up for days of waterlogged misery and authorities warned of possible floods in the capital Tehran as well the oil-rich south.

At least 23 people have been confirmed dead, officials said, and more than 200 sustained injuries.

Videos posted on social media showed cars driving in flooded roads in southeast districts of the capital.

Iran is celebrating the Nowrouz New Year holidays, a time when many families travel around the country, but police asked people to avoid unnecessary journeys.

Tens of thousands of people have been displaced, and thousands put in emergency shelters provided by the government.

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Pasargad Energy Development Co. (PEDC) is an independent energy company based in Iran. PEDC is an integrated energy company whose activities span the entire value chain including exploration, production, refining, petrochemicals marketing, power generation & renewables as well as new high-tech venture capitalizing. Our headquarter is located in Tehran. PEDC is present across the Iranian continental shelf and international market through its subsidiaries. We create value for our shareholders through active investment, high-level monitoring of our projects, building world-class partnership and managing our risks effectively and making balanced portfolio. Meantime, we contribute to the sustainable development of the energy sector and communities in our country. PEDC’s competitiveness relies upon our values-based performance culture, with a strong commitment to transparency, cooperation and continuous operational improvement. As a wholly owned subsidiary of the Pasargad Financial Group, with Pasargad Bank being a distinctive shareholder, we owe our success to our experience, management knowledge and strong local/international partnerships since 2008. PEDC is committed to maintaining sustainability and being recognized as the strategic partner of choice in Iran’s energy and petrochemical sector.​

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