IOTC adds fourth offshore buoy for South Pars exports

Iranian Oil Terminals Co. launches its fourth single buoy mooring in the Persian Gulf South Pars

Offshore staff

TEHRAN, Iran – Iranian Oil Terminals Co. (IOTC) has launched its fourth offshore single buoy mooring (SBM) to boost gas condensate exports from the South Pars field in the Persian Gulf.

According to news service Shana, IOTC is responsible for exporting all gas condensate produced from the field. 

South Korea, Japan, China, India, and recently Turkey are buyers of Iran’s oil and gas condensate.

An SBM, or single-point mooring, is a loading buoy anchored offshore that serves as a mooring point and interconnect for tankers loading or offloading gas or liquid products.

SPMs are the link between geostatic subsea manifold connections and weathervaning tankers. They are capable of handling any size of ship up to very large crude carriers where no alternative facility is available.

12/05/2016

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