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Iranian oil tanker leaves sea storage fleet for China

LONDON, January 29, 2016

An Iranian oil tanker sailed from Iran headed for China, becoming the second ship in days to be despatched from the country's floating storage fleet, Reuters ship tracking showed on Thursday.
 
The Sinopa tanker - capable of carrying a maximum of one million barrels of oil - left Iranian waters bound for the Chinese port of Dalian, the data showed. 
 
The sailing comes after the larger Serena, which can carry up to two million barrels of oil, left for South Korea around January 15.
 
A tanker tracking source confirmed the Sinopa had left and was likely to be carrying condensate, a very light grade of crude.
 
Earlier this month, international oil sanctions imposed on Iran were lifted, although the pace of exports is likely to be slower than Tehran expected partly due to difficulties in securing insurance especially for foreign tankers. - Reuters



Tags: Oil | Iran | fleet | storage | Tanker | Sea |

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