26 Dec 2024
Monday 9 February 2015 - 17:53
Story Code : 150398

Samsung wants more Iran oil projects

[caption id="attachment_3677" align="alignright" width="213"]South Korean company Samsung logo Samsung says it is determined to continue working in the Iranian oil industry.[/caption]
South Koreas tech giant Samsung that has just finished a major oil project in Iran says it is determined to continue working in the Iranian oil industry.
Sun Lee, a top Samsung official in Iran, has told reporters that his company hopes to win new projects in that sector.

He also said the company will continue offering maintenance and spare parts supply services for a mega floating oil export terminal for Iran that it finished on 8 February.

Sun emphasized that the construction of the terminal dubbed Persian Gulf - was made possible through overcoming severe financial problems, the Persian-language newspaper Forsat-e Emrooz reported.

He said the high quality of the terminal is proportionate to Irans crude export conditions, adding that this terminal will play an important role in Irans oil industry.

The Persian Gulf terminal that has been described as the worlds largest - has a total capacity of 2.2 million barrels and can store some 200,000 barrels per day of heavy crude oil produced in Irans offshore oil fields of Soroush and Nowruz.

South Koreas Samsung started building the terminal in 2008 and finished it on 8 February 2015 at a cost of about $300 million.

By Press TV
https://theiranproject.com/vdcf1xdycw6dtma.r7iw.html
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