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Syria-Lebanon-Iran
Iran 'seizes 10 oil smuggling tankers'
2008-12-16
Iran says its naval security forces have confiscated ten oil tankers smuggling 4,600 tons of Iranian fuel out of the Persian Gulf.

A Hormozgan Province security official, Ahmad Moradi, said on Monday that out of the ten tankers seized in the Persian Gulf over the past year, eight have been registered as foreign vessels with foreign crew on board.

According to the Iranian official, an Emirati-registered tanker laden with 300 tons of crude oil was intercepted by Iranian forces in the Persian Gulf last week.

Moradi added that fuel smuggling has increased by 232 percent compared to last year's figures, which amounts to 4,600 tons.

Iran is OPEC's second-largest exporter after Saudi Arabia, and is the fourth-largest exporter of crude oil in the world after Saudi Arabia, Russia, and Norway.
Posted by:Fred

#8  pappy being kinda of a smartass about a comment that wasn't really meant too get your panties ina wad
Posted by: sinse   2008-12-16 21:25  

#7  Sounds like it really could have been in barrels. Smuggling with prices this low... musta been the fulflilment of a prior contract... or maybe not.

Posted by: .5MT   2008-12-16 18:18  

#6  Small tankers make it easier to blend in with the local traffic. And 4,600 tons isn't bad if it's small-time smugglers.
Posted by: Pappy   2008-12-16 17:03  

#5  Mighty small tankers. Took ten of them to carry one day's worth of production from a good well (30,000 BOPD is actually a very good well, but about what we aim at for our home runs.).
Posted by: Glenmore   2008-12-16 16:37  

#4  Yes. Which is also an indication that the Iranian economy is not doing well.
Posted by: Pappy   2008-12-16 15:13  

#3  The smugglers were probably Iranian.
Posted by: DoDo   2008-12-16 13:27  

#2  It's smuggling, not piracy. The two are separate and distinct. Let's try using a little brain-power or a search engine first, shall we?

Smuggling is a long standing tradition in the region. The new wrinkle is oil as one of the cargoes.
Posted by: Pappy   2008-12-16 11:37  

#1  starting their own piracy navy
Posted by: sinse   2008-12-16 08:33  

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