BUNKER INDEX :: Price Index, News and Directory Information for the Marine Fuel Industry



« News Home
:: Monthly Archive

News Topics
:: Air Pollution
:: Agreements & M&A's
:: Alternative Fuels
:: BunkerBlog
:: Cargoes & Storage
:: Company News
:: Efficiency, Costs & Charges
:: Environment
:: Events
:: Financial
:: Fuel Quality & Testing
:: Lubes & Additives
:: Oil Spills
:: People
:: Port News
:: Projects
:: Regulation, Legal
:: Services, Products,Technology
:: Statistics & Research
:: Vessels

Regional Archive
:: Americas
:: Asia/Oceania
:: Europe
:: M.East/Africa


BUNKER INDEX :: Price Index, News and Directory Information for the Marine Fuel Industry
Home » News



Iran aims for up to 25% of Persian Gulf market

Director says Iran's market share in the Persian Gulf looks set to reach 20-25 % by the end of the year.



Image credit:


Updated on 22 Feb 2010 07:28 GMT

The Managing Director of National Iranian Oil Products Distribution Co. (NIOPDC) is reported to have claimed that Iran will gain up to a quarter of the Persian Gulf bunker market by the end of the Iranan calendar year.

According to Iran's Mehr news agency, Farid Ameri said 2.6 million tonnes of marine fuel had been sold to ships during the first 11 months of the current Iranian year, which commenced on March 21st 2009.

Ameri added: “By the end of current Iranian year, Iran will get its hands on 20-25% of the Persian Gulf bunker market if all plans are successfully implemented.”

In September 2009, Iran was reported to have sold almost 1.33 million tonnes of residual fuel between end-March and end-August compared to 1,098,000 tonnes during the same period the previous year, which represented an increase of 30 percent.

Meanwhile, 64,000 tonnes of marine gas oil was sold during the same period, which was 78 percent more than the previous year figure of 36,000 tonnes.

According to data published in December 2009, Iran was on course to earn around $1.2 billion from bunker sales by the end of the Iranian calendar year.

The estimates were $0.7 billion less than the $1.9 billion earnt through bunker sales of 2 million tonnes during the previous Iranian calendar year, which ended on March 19 2009.






Related Links:

Iran forecasts drop in bunker sales revenue
Iran sells 1.4 million tonnes in 5 months
Bandar Abbas
Iran

Latest News:

Risk minimisation in uncertain times | Geos Group
Bunker Energy takes over Maxcom Bunker's commercial activities
World Fuel Services to launch Pacific Northwest supply operation
Oil and fuel oil hedging market update
Brent remains in the $60s this morning
Oil and fuel oil hedging market update
$60s are hard to hold
Silverstream hails air lubrication uptake ahead of 2020
Oil and fuel oil hedging market update
OPEC, non-OPEC oil producers agree to cut 1.2m bbl/d
Aegean secures final approval for initial set of motions
MoU signed to test fuel gas and bunkering systems in Busan




Page Links:

Prices
Africa
Asia
Latin America
Middle East
North America
North Europe
South Europe
Index Summary
Price Highlights
Commentaries
Futures
Prices
Antwerp
Busan
Fujairah
Houston
Istanbul
Kaohsiung
Las Palmas
Maracaibo
New Orleans
Piraeus
Rio de Janeiro
Rotterdam
Santos
Singapore
News
Latest News
Blogs
Archive
Americas
Asia
Europe
Middle East
News
Air Pollution
Agreements & M&A's
Alternative Fuels
Cargoes & Storage
Efficiency, Costs & Charges
Environment
Events
Financial
Fuel Quality
Lubes & Additives
Oil Spills
People
Port News
Projects
Regulation/Legal
Services, Products, Technology
Statistics & Research
Vessels
Contact & Terms
Contact Us
Advertise
Terms & Conditions
Privacy Policy
Events
Upcoming Events