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PD Moderator	Message Posted: May 25, 2012 2:23:48 PM Ignore PD Report Abuse Iran has recently announced it's expanding its network of domestic oil storage facilities. Oil storage capacity will rise to 100 million barrels up to the end of fifth five year development plan in 2015, managing director of the Iranian Oil Terminals Company (IOTC), Seyyed Pirouz Mousavi, said. One really should ask what prompted this- a genuine need, or if this was caused by embargoes against Iran. According to Shana.ir; Mousavi said 70 percent of the additional oil storage capacity will be created by Petroleum Engineering and Development Company (PEDEC), National Iranian Offshore Oil Company (NIOOC) and National Iranian South Oil Company (NISOC) while IOTC will be responsible for the remaining 30 percent. The official... Visit GasBuddy Blog for full article

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Message Posted: May 25, 2012 2:23:48 PM

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Iran has recently announced it's expanding its network of domestic oil storage facilities. Oil storage capacity will rise to 100 million barrels up to the end of fifth five year development plan in 2015, managing director of the Iranian Oil Terminals Company (IOTC), Seyyed Pirouz Mousavi, said. One really should ask what prompted this- a genuine need, or if this was caused by embargoes against Iran.

According to Shana.ir; Mousavi said 70 percent of the additional oil storage capacity will be created by Petroleum Engineering and Development Company (PEDEC), National Iranian Offshore Oil Company (NIOOC) and National Iranian South Oil Company (NISOC) while IOTC will be responsible for the remaining 30 percent.

The official...

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aj_808 Rookie Author Sacramento Posts:5 Points:510 Joined:Jun 2012	Message Posted: Jun 3, 2012 2:29:11 AM Ignore aj_808 Report Abuse if you build it...
honda0105 Champion Author Tallahassee Posts:18,650 Points:1,612,445 Joined:Nov 2008	Message Posted: May 30, 2012 7:04:07 AM Ignore honda0105 Report Abuse sheldon: funny!
GassyKat Champion Author Wisconsin Posts:10,079 Points:2,069,170 Joined:Sep 2005	Message Posted: May 29, 2012 11:38:07 PM Ignore GassyKat Report Abuse old news
Daddybud Champion Author North Carolina Posts:6,311 Points:1,368,680 Joined:May 2009	Message Posted: May 29, 2012 6:01:41 PM Ignore Daddybud Report Abuse yes,they are.
h2ojumper Champion Author Austin Posts:2,581 Points:711,635 Joined:Feb 2011	Message Posted: May 29, 2012 4:53:44 PM Ignore h2ojumper Report Abuse last weeks news...
boldrph Champion Author Topeka Posts:18,392 Points:3,454,565 Joined:Oct 2002	Message Posted: May 29, 2012 3:02:10 PM Ignore boldrph Report Abuse yawn
Donatelo Champion Author Dayton Posts:1,129 Points:295,245 Joined:Apr 2011	Message Posted: May 29, 2012 2:46:50 PM Ignore Donatelo Report Abuse ok
sparky808 Champion Author Honolulu Posts:3,018 Points:601,635 Joined:Sep 2011	Message Posted: May 29, 2012 1:21:01 PM Ignore sparky808 Report Abuse Old post.
myambro Champion Author Sacramento Posts:3,209 Points:1,055,400 Joined:Mar 2005	Message Posted: May 29, 2012 12:43:13 PM Ignore myambro Report Abuse Iran is just trying to stir up the pot so that the Western gov'ts will make concessions.
Jeepergeo Champion Author San Bernardino Posts:1,380 Points:588,430 Joined:Jan 2011	Message Posted: May 29, 2012 12:28:55 PM Ignore Jeepergeo Report Abuse They are gearing up for something since they can't refine even close to what they can produce.
tomok Champion Author Portland Posts:33,090 Points:2,348,435 Joined:Aug 2006	Message Posted: May 29, 2012 12:28:24 PM Ignore tomok Report Abuse If Iran can't sell their oil to the world, they will store it until they can. They have too many of their own tankers sitting full and ready to sail once a order is received. When another country's oil tanker ties up to the oil terminal, the oil transfer needs to take place quickly and get the tanker back out to sea. Having such a large oil storage capacity will ensure they have enough crude oil on hand to fill those tankers. Just watch out for Israel, they can mess with your nuclear refining equipment, car bomb nuclear scientist and cause other necessary mayhem. And, Big Oil continues to sell fuel and natural gas on the world market for higher prices, there will be NO price reduction for the cost of fuel or natural gas IN the US. 'Coming out of the closet' Barry will support natural gas and oil production for sale on the world market to pay for his ‘spending gone wild’ addiction and receive that huge federal tax income for oil. Barry's economy is not improving but continues to hurt the population. The US ‘oil and natural gas resources’ belong to the citizens of this country and are to be used by those same citizens! Speculators, manipulators and the banks continue to unfairly and unjustly make the driving public pay higher prices at the pump for their benefit. Now talk about Iran’s on going nuclear program and Israel's web attacks and car inside the country bombings trying to stop it! The price of fuel at the pump is too high! 12/22/2012!
monarch57 Champion Author British Columbia Posts:1,631 Points:135,945 Joined:Nov 2008	Message Posted: May 29, 2012 12:28:06 PM Ignore monarch57 Report Abuse Good for them, lets hope that gas prices come down here then.
19sheldon43 Champion Author Los Angeles Posts:3,979 Points:843,010 Joined:Jul 2009	Message Posted: May 29, 2012 12:28:06 PM Ignore 19sheldon43 Report Abuse This post is so old I've lined my bird cage with it
greenfog Champion Author Illinois Posts:6,508 Points:1,642,230 Joined:Feb 2008	Message Posted: May 29, 2012 12:27:52 PM Ignore greenfog Report Abuse time for new article.
nehemiah Champion Author Portland Posts:4,776 Points:933,540 Joined:Jul 2007	Message Posted: May 29, 2012 12:26:56 PM Ignore nehemiah Report Abuse old news
uptherefiners Champion Author Chicago Posts:5,048 Points:1,002,000 Joined:Jun 2006	Message Posted: May 29, 2012 12:26:16 PM Ignore uptherefiners Report Abuse this must be a really important story to GB
Sarge10 All-Star Author Detroit Posts:862 Points:174,100 Joined:Feb 2010	Message Posted: May 29, 2012 12:22:53 PM Ignore Sarge10 Report Abuse Don't really care! SCREW Iran!!
stpetebp Champion Author Tampa Posts:6,237 Points:1,735,505 Joined:Nov 2007	Message Posted: May 29, 2012 12:22:45 PM Ignore stpetebp Report Abuse Let them drown in their oil
PathTrack Champion Author Twin Cities Posts:1,204 Points:134,855 Joined:Jan 2005	Message Posted: May 29, 2012 12:21:19 PM Ignore PathTrack Report Abuse Of course they are
firasatali Champion Author Toronto Posts:3,110 Points:570,000 Joined:May 2011	Message Posted: May 29, 2012 12:21:04 PM Ignore firasatali Report Abuse you can also build. what is the problem.
cisson All-Star Author Kentucky Posts:516 Points:384,360 Joined:Jul 2010	Message Posted: May 29, 2012 12:20:57 PM Ignore cisson Report Abuse old news
papou Champion Author Tampa Posts:10,899 Points:1,909,260 Joined:Jul 2005	Message Posted: May 29, 2012 12:20:12 PM Ignore papou Report Abuse who is buying there oil they are afraid of losing the free money obama is giving to them ?
stpatrickbday Champion Author Albuquerque Posts:1,541 Points:570,350 Joined:Mar 2011	Message Posted: May 29, 2012 12:20:01 PM Ignore stpatrickbday Report Abuse Ok.
bigmace111 Champion Author Albany Posts:2,738 Points:617,525 Joined:May 2011	Message Posted: May 29, 2012 12:19:27 PM Ignore bigmace111 Report Abuse How many days are we going to see this story? This is like the 4th time.
dacofa Champion Author Nevada Posts:5,375 Points:1,151,485 Joined:Jan 2010	Message Posted: May 29, 2012 12:15:46 PM Ignore dacofa Report Abuse Old
ysmc Champion Author Providence Posts:10,578 Points:2,025,545 Joined:Apr 2007	Message Posted: May 29, 2012 12:13:26 PM Ignore ysmc Report Abuse war must be getting closer then we ha ve been told
knifeman9 Champion Author North Carolina Posts:5,695 Points:1,490,315 Joined:Oct 2008	Message Posted: May 29, 2012 12:13:25 PM Ignore knifeman9 Report Abuse WHATEVER
viperND Champion Author South Bend Posts:3,325 Points:738,865 Joined:Apr 2011	Message Posted: May 29, 2012 12:13:07 PM Ignore viperND Report Abuse yep
patward99 Sophomore Author Pennsylvania Posts:166 Points:601,820 Joined:May 2008	Message Posted: May 29, 2012 12:12:19 PM Ignore patward99 Report Abuse ok
Teddy95 Champion Author Dayton Posts:41,165 Points:2,700,125 Joined:Oct 2005	Message Posted: May 29, 2012 12:09:30 PM Ignore Teddy95 Report Abuse Hmmm...
DutchTreatMI Champion Author Grand Rapids Posts:3,325 Points:754,615 Joined:Mar 2011	Message Posted: May 29, 2012 12:00:22 PM Ignore DutchTreatMI Report Abuse 5th day with this article.
mickealo Champion Author Spokane Posts:6,177 Points:2,147,360 Joined:Oct 2006	Message Posted: May 29, 2012 11:59:23 AM Ignore mickealo Report Abuse this is more old news
Jizme Champion Author Lincoln Posts:9,896 Points:2,908,700 Joined:Oct 2004	Message Posted: May 29, 2012 11:58:32 AM Ignore Jizme Report Abuse Old News
smoketown Champion Author Cincinnati Posts:6,247 Points:1,384,800 Joined:Feb 2008	Message Posted: May 29, 2012 11:58:25 AM Ignore smoketown Report Abuse Old as dirt......
IrishCowboy Champion Author Fort Wayne Posts:1,432 Points:573,975 Joined:Jan 2011	Message Posted: May 29, 2012 11:54:04 AM Ignore IrishCowboy Report Abuse It's a zombie, kill it....
MadTraveler Champion Author Idaho Posts:2,082 Points:572,100 Joined:Nov 2009	Message Posted: May 29, 2012 11:53:40 AM Ignore MadTraveler Report Abuse 4 day old story.
tankneverfull Champion Author Charlotte Posts:6,463 Points:1,370,670 Joined:Apr 2008	Message Posted: May 29, 2012 11:53:24 AM Ignore tankneverfull Report Abuse Yippee!
Taurus1 Champion Author Ohio Posts:3,140 Points:1,677,175 Joined:Apr 2006	Message Posted: May 29, 2012 11:53:18 AM Ignore Taurus1 Report Abuse Now what??
CTarp Champion Author Texas Posts:1,236 Points:610,520 Joined:Apr 2011	Message Posted: May 29, 2012 11:53:01 AM Ignore CTarp Report Abuse We get the point.
5Golfer8 Champion Author Tucson Posts:2,153 Points:303,575 Joined:Jun 2011	Message Posted: May 29, 2012 11:52:04 AM Ignore 5Golfer8 Report Abuse This story is now so old its antique.
Jamer Champion Author Las Vegas Posts:8,774 Points:1,639,185 Joined:Jul 2002	Message Posted: May 29, 2012 11:51:23 AM Ignore Jamer Report Abuse Are you kidding me? This article's still here after five days.
BlueVanGroup Champion Author Colorado Posts:7,214 Points:1,531,320 Joined:May 2008	Message Posted: May 29, 2012 11:50:17 AM Ignore BlueVanGroup Report Abuse Five days--is that a record for this web site?
outlaw329 Champion Author Austin Posts:7,637 Points:1,378,405 Joined:Aug 2008	Message Posted: May 29, 2012 11:46:41 AM Ignore outlaw329 Report Abuse Just nuke 'em and maybe that will be better news!
Samo1961 Champion Author Los Angeles Posts:1,910 Points:623,600 Joined:Feb 2011	Message Posted: May 29, 2012 11:45:25 AM Ignore Samo1961 Report Abuse Very old news.....
ramshot412 Champion Author Riverside Posts:20,170 Points:2,469,390 Joined:Apr 2004	Message Posted: May 29, 2012 11:45:03 AM Ignore ramshot412 Report Abuse Still with this story???
honkerman Champion Author San Jose Posts:44,381 Points:2,400,020 Joined:Jul 2004	Message Posted: May 29, 2012 11:42:44 AM Ignore honkerman Report Abuse o.k.
cobbwebb Champion Author New Hampshire Posts:1,624 Points:546,870 Joined:Sep 2011	Message Posted: May 29, 2012 11:42:34 AM Ignore cobbwebb Report Abuse good for them if you can't sell it because of sanctions - store it under the mattress
SteveS2000 Sophomore Author Cincinnati Posts:236 Points:215,820 Joined:Oct 2006	Message Posted: May 29, 2012 11:42:17 AM Ignore SteveS2000 Report Abuse I want to be a Champion Author.
RedskinGas Champion Author Tennessee Posts:2,018 Points:1,131,035 Joined:Jun 2006	Message Posted: May 29, 2012 11:41:37 AM Ignore RedskinGas Report Abuse Do I really care?
3mta3 All-Star Author Michigan Posts:835 Points:1,005,840 Joined:Jul 2004	Message Posted: May 29, 2012 11:39:34 AM Ignore 3mta3 Report Abuse Old News.