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Iran on double fuel storage
- Iran: Saturday, May 03 - 2008 at 09:36
Due to falling demand for its sulphur-rich crude, Iran has more than doubled the fuel it stores in tankers in the Arabian Gulf, according to sources cited by Bloomberg. Iran is said to have 10 tankers holding at least 20 million barrels of oil, equal to about five days of the country's output. The data reported that refineries that process the fuel have shut down for maintenance.
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Medilyn Manibo, Assistant News EditorSaturday, May 03 - 2008 at 09:36 UAE local time (GMT+4)
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