Abbas Asadrouz, CEO of the Iranian Oil Terminals Company, reported a 10% increase in oil exports from the Khark oil terminal during the recent war. This increase in exports was achieved due to the simultaneous management of crude oil input and strategic storage inventory.
The Role of Khark Oil Terminal in Oil Exports
The Khark oil terminal, as the largest oil terminal in the country, receives, stores, and exports 93% of the country's crude oil. Asadrouz emphasized that this terminal, due to its strategic position, is classified among Iran's critical infrastructures and must always be in optimal operational conditions.
Read more: Oil exports from Khark oil terminal increased by 10% during the 40-day war
The CEO of the Iranian Oil Terminals Company referred to past experiences and highlighted the key role of employees in maintaining oil exports, stating: "The experience of the eight years of sacred defense has instilled a spirit of bravery and resilience in various generations of oil industry workers. This spirit is also clearly visible in the recent wars."
Crisis Management and Export Increase
Asadrouz further clarified that during the recent war, three main variables, including crude oil input, strategic storage inventory, and oil output, were managed simultaneously. Following the attack on Tehran's oil storage, the input of oil to the Khark terminal increased by 300,000 barrels, which necessitated an increase in exports to prevent disruption in the production and storage chain.
He also mentioned the modernization and renovation efforts of the company's facilities, stating: "In the past year or two, 500 million euros have been allocated for various projects in the areas of pipelines, storage tanks, and export docks."
Asadrouz expressed hope for the continuation of this trend, emphasizing that the employees of the oil terminals remained committed under the most challenging conditions and prevented the halt of oil exports. This action went beyond an organizational mission and was, in fact, a national mission to support the country's economy.
Read more: Fugro conducted a deep geophysical survey in eastern Malaysia at the request of Petronas · Increase in Middle East oil exports to 12.8 million barrels per day in September
