Tag Archives: National Iranian Tanker Co. (NITC)

The security chief also expressed his gratitude to those involved in the search and rescue operations.

The Iranian tanker carrying condensates collided with a Chinese freight ship in East China coast last Saturday.

The Iranian Cabinet declared Monday. January 15. as a nationwide day of public mourning over the tanker disaster.

Due to the vast size of the blaze. the bodies of the Sanchi tanker crew may not be found anymore.

The Sanchi was carrying 136.000 tons of condensate. worth some $60 million. and bound for the Republic of Korea.

Shana said. however. that the oil tanker is still burning and is considered to be ".at risk of exploding.".

Iran is one of the 195 countries that signed a historic agreement in Paris two years ago to curb global emissions.

Iran has steadily reconnected with buyers across Europe since sanctions were lifted and NITC expects to play a bigger role.

Plans are in place to increase the number of liquefied petroleum gas carriers to help NIOC establish a foothold in the global market.

Iran is exporting around 2.6 million barrels a day of oil and gas condensates. which are mainly exported from Kharg Terminal.