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Where is Iran storing their pumped oil now?

Posted on 11/12/26 at 8:59 am
Posted by BFIV
Virginia
Member since Apr 2012
9587 posts
Posted on 11/12/26 at 8:59 am
Remember a few months ago there was a lot of discussion about Iran having to possibly shut down their wells because they were running out of storage facilities and space because they couldn't ship out their oil? Where are they storing their pumped oil now? I remember reading here that if the well pumps were stopped, the future productivity of those wells would be forever decreased.
Posted by The Baker
This is fine.
Member since Dec 2011
21832 posts
Posted on 11/12/26 at 9:01 am to
quote:

oil

This is about Nukes
Posted by Trevaylin
south texas
Member since Feb 2019
11927 posts
Posted on 11/12/26 at 9:01 am to
there are a lot of oil slicks in the area now
Posted by Timeoday
Easter Island
Member since Aug 2020
28627 posts
Posted on 11/12/26 at 9:05 am to
It is my understanding they have sufficient storage capacity and agreements with others regarding storage. But the last thing they want is to be shut in.

They have no leverage, whatsoever.
This post was edited on 11/12/26 at 9:06 am
Posted by BFIV
Virginia
Member since Apr 2012
9587 posts
Posted on 11/12/26 at 9:24 am to
quote:

It is my understanding they have sufficient storage capacity and agreements with others regarding storage.


WHO are these "others"? I thought they were blockaded? What we were all told about their storage capacities was false?
Posted by Timeoday
Easter Island
Member since Aug 2020
28627 posts
Posted on 11/12/26 at 10:02 am to
China is definitely storing. I have to believe the storage is allowed in order to protect those reserves. Iran is just not able to monetize their production at this point.
Posted by Scream4LSU
Member since Sep 2007
1305 posts
Posted on 11/12/26 at 10:08 am to
quote:

China is definitely storing


This doesn't even make sense. China would have to get it store it and if you are saying they are storing it in Iran there is only limited storage unless they are pumping it underground somewhere.
Posted by Timeoday
Easter Island
Member since Aug 2020
28627 posts
Posted on 11/12/26 at 10:15 am to
quote:

This doesn't even make sense.


IYKYK - Obviously you do not.
Posted by Scream4LSU
Member since Sep 2007
1305 posts
Posted on 11/12/26 at 10:17 am to
quote:

IYKYK - Obviously you do not.


Oh enlighten us on how China is getting and storing oil, please do.

Posted by sidewalkside
rent free in yo head
Member since Sep 2021
5078 posts
Posted on 11/12/26 at 10:18 am to
quote:

I have to believe the storage is allowed
you're an idiot
Posted by Timeoday
Easter Island
Member since Aug 2020
28627 posts
Posted on 11/12/26 at 10:21 am to
quote:

you're an idiot


Obviously you do not believe Iran is allowed to store oil, whether in onshore tanks or offshore tankers.

Posted by Boodis Man
Member since Sep 2020
8928 posts
Posted on 11/12/26 at 10:23 am to
They have the Caspian sea to the north.
Posted by Timeoday
Easter Island
Member since Aug 2020
28627 posts
Posted on 11/12/26 at 10:24 am to
quote:

Oh enlighten us on how China is getting and storing oil, please do.


Iran

Iranian International reported that Iran acquired control of PRC oil terminals and storage facilities, highlighting the PRC’s critical role in Iranian sanctions evasion efforts as the biggest purchaser of Iran’s sanctioned crude oil. UK-based media outlet Iran International obtained confidential letters from acting Oil Minister and former National Iranian Oil Company head Hamid Bovard, as well as two Oil Ministry sources stating that Tehran acquired long-term leases for PRC-based large storage facilities and gained control of some PRC-based oil terminals.[21] ISW-CDOT cannot independently corroborate this report. The reported storage facilities are located at the ports of Dalian, Huizhou, Dongying, Weifang, Aoshan Island, Shulanghu Island, and in the Zengyamuo oil zone. The report stated that port control is located at a terminal in the Ningbo-Zhoushan free trade zone. The report also alleges that Iran secretly obtained stakes in smaller Shandong province docks. Shandong province is where the PRC’s “teapot” refineries, which import and refine Iranian crude oil, primarily operate. The US Office of Foreign Assets Control has sanctioned many of these entities for helping Iran evade sanctions.[22] This development, if true, would allow Iran to ship and store crude oil in the PRC, with locations near pipelines for quick access to refineries. This development also indicates some level of PRC cooperation allowing Iran to develop such hubs for transporting and refining sanctioned Iranian crude oil, which can then be directly sold to PRC markets. US sanctions aim to “dismantle Iran’s shadow fleet and the Iranian regime’s ability to use the illicit oil trade to fund its malign activities.”[23] The PRC remains Iran’s largest oil buyer, though the volume of PRC oil purchases has decreased since the beginning of the US-Iran conflict.[24]

LINK
This post was edited on 11/12/26 at 10:26 am
Posted by Gee Grenouille
Member since Jul 2018
8963 posts
Posted on 11/12/26 at 10:24 am to
quote:

the last thing they want is to be shut in.


So us south Louisiana baws do have something in common with those Arabs.
Posted by Scream4LSU
Member since Sep 2007
1305 posts
Posted on 11/12/26 at 10:27 am to
quote:

Obviously you do not believe Iran is allowed to store oil, whether in onshore tanks or offshore tankers.



We have know this for months. It is know that they have around 75 million barrels of capacity combining onshore and offshore assets. That would have been filled up in about 30 days. Keep up man.
Posted by Timeoday
Easter Island
Member since Aug 2020
28627 posts
Posted on 11/12/26 at 10:32 am to


Domestic consumption and overland routes say, "Hello"! However, the overland routes are about to be shut down as well.

Posted by supatigah
CEO of the Keith Hernandez Fan Club
Member since Mar 2004
90866 posts
Posted on 11/12/26 at 10:36 am to
reports are the Iranian shadow fleet is depleted and there are Zero BOPD coming out of Iran through the Strait.

So if their 122mm barrels of storage capacity is full, then there are either lakes of oil being put on the ground or they have shut in production.

No more Iranian shadow fleet means no more sales to China, means no more money coming in for missiles and drones from China.

The kinetic Iranian War is effectively over, we are in economic warfare now and it is just a question of how it specifically ends on paper.
Posted by Scream4LSU
Member since Sep 2007
1305 posts
Posted on 11/12/26 at 10:39 am to
Your uncorroborated article on acquiring PRC storage still doesn't help when they are physically located on the east coast of China. If you think they are overlanding any oil of significant qty. you are naive. If you think they are now consuming enough oil locally to keep up you are ignorant. Somehow their refining capacity has gone up exponentially I guess.
This post was edited on 11/12/26 at 10:41 am
Posted by hubertcumberdale
Member since Nov 2009
7936 posts
Posted on 11/12/26 at 10:42 am to
quote:

They have no leverage, whatsoever.


Lmao that’s a funny take considering this thing has been going on since February with no end in sight
Posted by roadGator
DeBoar’s hollow dome
Member since Feb 2009
161478 posts
Posted on 11/12/26 at 10:44 am to
You just have to believe, man. And then it’s true. Easy.
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