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Iran to produce customized oil in two years

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Staff writer ▼ | June 8, 2016
Pirouz Mousavi
Oil production   Managing Director of Iran Oil Terminals Company:

Managing Director of Iran Oil Terminals Company (IOTCO) Pirouz Mousavi said Iran is going to start producing customized oil in two years.

He told IRNA that based on an agreement with a European firm, the IOTCO will be able to start to produce the customized oil items by combining and mixing kinds of petroleum and crude oil.

He explained that it is necessary for high profile oil terminals at the present world to be able to deliver customized oil products to their customers.

Iran enjoys tens of offshore and onshore oil wells which yield many kinds of light, heavy, soar and sweet oil products.

This gives the country the great power to produce customized versions of various oil products.


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