Iran to propose using South African oil facilities
Aug 24, 2006 02:00 AM
Iran will submit a proposal to use South Africa's crude oil storage facilities in Saldanha Bay, resurrecting a plan
shelved several years ago.
Iranian Foreign Minister Manouchehr Mottaki said Tehran believed Saldanha Bay, with its 45-mm-barrel capacity, could
open new markets in Africa for Iranian oil exports.
Proposals were floated in 1995 for Iran to store about 15 mm barrels of oil at Saldanha on the west coast, north of
Cape Town, but talks foundered in part on public concern that increased tanker traffic could harm the
environment.
Agreements reached included plans for the National Iranian Oil Company to train South Africans in upstream and
downstream petrochemical technology.
Source: Neftegaz.ru
