Iran to Produce Customized Oil in Two Years: Official

Managing Director of the Iran Oil Terminals Company (IOTCO) Pirouz Mousavi said Iran is going to start producing customized oil in two years.

He told IRNA on Tuesday June 7 that, based on an agreement with a European firm, IOTCO will be able to start producing customized oil items by combining and mixing types of petroleum and crude oil.

He explained that it is necessary for high profile oil terminals in today’s world to be able to deliver customized oil products to their customers.

Iran enjoys tens of offshore and onshore oil wells which yield many kinds of light, heavy, soar and sweet oil products.

This gives the country the great power to produce customized versions of various oil products.

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