In a statement the General Director of Iran’s Oil Derivatives Export Terminals Co (ODET), Qodrat Heidari, said, “Compared with the five other littoral states of the Caspian Sea, the country has the best facilities for exporting oil because unlike Iran, these five countries do not have direct access to open sea ports.”
“Offloading Caspian Sea oil to the Persian Gulf ports is more efficient compared to railway transit especially in relation to the high depreciation of resources,” added Qodrat.
Yet, the ODET official believes Iran needs to invest in increasing the capacity of its oil exporting terminals to the north and south of the country.
“The Neka terminal has an export capacity of 30,000 barrels per day (bpd) and the Asaluyeh and Khark terminals [only] have the capacity to export 250,000 bpd and 4.5 to 5 million bpd respectively,” said Qodrat.
