Iraq Seeks Larger Tankers for Oil Exports Beyond Hormuz

· iraq-businessnews.com

By John Lee. Iraq's Ministry of Oil is planning a strategic overhaul of the Iraqi Oil Tanker Company (IOTC), including partnerships with tanker-owning firms, deferred-payment purchases, and leasing arrangements to expand the fleet. The ministry's aim is to acquire large modern vessels with a capacity of up to two million barrels, better suited to the

By John Lee.

Iraq's Ministry of Oil is planning a strategic overhaul of the Iraqi Oil Tanker Company (IOTC), including partnerships with tanker-owning firms, d...


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