Friday 29, 2014 [FARS News Agency] - The National Iranian Oil Products Distribution Company (NIOPDC) underlined that construction of more storage facilities has always stood atop the oil ministry's agenda, and said the company is resolved to complete 5 half-finished storage tanks by March 2015.
Director of engineering and planning at the NIOPDC Abdollah Mollabaqer said that the NIOPDC has decided to reactivate construction of the half-finished storage projects and complete them before the end of current Iranian calendar year to March 2015.
He went on to say that the five mentioned storage facilities are located in Mahshahr, Birjand, Malayer, Shiraz and Orumiyeh having the capability to store 300, 105, 70, 170 and 120 million liters respectively.
Iran ranks the third globally in terms of oil reserves while having the world’s second-largest natural gas reserves after Russia with 34 trillion cubic meters of natural gas reserves.
