The US blockade challenges Iran's oil storage capacity and threatens well operations
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The US blockade challenges Iran's oil storage capacity and threatens well operations
"The maximum capacity of these onshore deposits is 42 million barrels, according to data from the Iranian Oil Terminals Company. Other sources put the figure at around 50 million."
"Despite decades of unilateral U.S. sanctions that have eroded its position as an energy powerhouse, Iran continues to extract 1.5 million barrels a day of crude oil that it is unable to place on the international market."
"Most of these reserves, around 30 million barrels, are stored on the strategic island of Kharg, in the Persian Gulf, reaching it via a network of pipelines."
"When the bilateral naval siege on Hormuz began, the Kharg reservoirs had about 13 million barrels of free capacity."
Iran's crude oil storage capacity is approaching its maximum, threatening to shut down oil wells and cause long-term damage to extraction facilities. The U.S. naval blockade aims to hinder Iran's crude exports, but the country continues to extract 1.5 million barrels daily, with limited storage options. The maximum capacity of onshore deposits is estimated between 42 to 50 million barrels, with significant reserves located on Kharg Island. The blockade has exacerbated the situation, leaving Iran with little room for additional crude oil storage.
Read at english.elpais.com
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