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China helping keep Iran oil industry afloat with four new supertankers

Special to WorldTribune.com

NICOSIA — Iran has taken delivery of new oil supertankers.

The National Iranian Tanker Co. has acquired four new supertankers in
mid-2013 as part of efforts to maintain the nation’s crude oil export
industry.

File photo shows an Iranian oil tanker.

File photo shows an Iranian oil tanker.

Officials said the vessels were acquired from China as part of a $1.2 billion contract signed in 2009. In all, 12 supertankers were ordered.

The supertankers were said to have a capacity of two million barrels each. Iran’s state-owned Press TV said China plans to complete the delivery of the vessels by 2014.

“The latest acquisitions boost NITC’s supertanker fleet to 37 vessels with a maximum carrying capacity of 64 million barrels of oil,” Press TV said on Aug. 7.

“The company also has 14 small crude oil tankers with another 12.5 million barrels in capacity.”

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