Iran has just weeks of oil storage left before it has to halt crude production: report

Government

Iran has only two to eight weeks left before it must curb oil production, risking long-term damage to its oil fields , experts said. In the face of the US blockade on Iranian ports , Tehran is running out of storage space after it has been forced to divert its oil to onshore storage tanks, which only have the capacity for 122 million barrels, according to FGE NextantECA, an energy and chemicals advisory company. With Iran’s current production of about 2 million barrels per day, the Islamic

Tag-uri: Islam

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