Young Journalists Club | Latest news of Iran and world

News ID: 6279
Iran » Iran
Publish Date: 14:18 - 10 February 2015
Tehran, YJC. Iran’s most advanced floating oil storage unit officially became operational in Soroush oil field in the Persian Gulf.

The Persian Gulf is the largest SFU in the world, and was launched on Sunday by the Iranian Offshore Oil Company (IOOC).
It is 337 meters long, 60 meters wide and 33 meters high and weighs over 51,400 metric tonnes.
Offiicals have announced that this floating oil storage terminal has been built with the use of state-of-the-art technology and meets international standards.
Two 16-inch pipelines, each 7 kilometers long, are designed to carry the crude oil produced in the offshore Soroush and Nowruz oil fields to the floating terminal.
The launch of the large fuel storage unit will increase Iran’s crude storage capacity to 2.2 million barrels.
Iran holds the world’s third-largest proven oil reserves and the second-largest natural gas reserves.
Iran's total in-situ oil reserves have been estimated at over 560 billion barrels, with about 140 billion barrels of recoverable oil.
Heavy and extra heavy varieties of crude oil account for about 70-100 billion barrels of the total reserves.
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