Iraq says it transported 2 million barrels of crude through Strait of Hormuz
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11 Articles
Iraq says it transported 2 million barrels of crude through Strait of Hormuz
Iraq's state-owned Oil Tanker Company transported 2 million barrels of Iraqi crude aboard a very large crude carrier (VLCC) through the Strait of Hormuz, in what its director general described on Saturday as the company's first such operation in decades.
On Saturday, the Iraqi oil tanker company announced the transfer of 2 million barrels of Iraqi crude oil by a giant VLCC outside the Strait of Hormuz, for the first time in decades, in a step aimed at strengthening Iraq ' s transportation and marketing capabilities in crude oil.
In a venture that the state-run IOTC described as the company's first such venture in decades.
Iraq had previously obtained permission from Iran for Iraqi oil tankers to transit through the Strait of Ormuz.
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