A 52,000 metric tonne (mt) capacity bunkering terminal located on the Persian Gulf island of Qeshm is scheduled to start operations in February, reports Iranian news agency Tasnim.
The development, which offers marine fuel at between $5 to $7 cheaper than Fujairah, could mean more bunkering business for Iran, says the Managing Director of Islamic Republic of Iran Shipping Lines (IRISL).
“If we establish suitable fueling infrastructure in the country, ships will get cheaper fuel at Iranian bunkering sites instead of doing a 130-mile detour to Fujairah,” says Mohammad Saeedi who adds approximately 17 shipping firms to be already calling at Iranian ports.
“Besides, this will create added value and wholesome jobs for the Iranian people,” adds Mohammad Saeedi.
“The government, the ministry of petroleum and the Ports and Maritime Organization of Iran should help develop this lucrative and productive industry.
“In this regard, we need more cooperation from the ministry of petroleum. Our oil products should not go the UAE and for fuel, Iranian vessels should be supplied by our own storage sites.”
Published: 17 January, 2019
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