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Iran oil-export capacity seen rising 6.4% in ship-tracking data
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c_330_235_16777215_0___images_stories_edim_04_oil(13).jpgThe combined carrying capacity of oil tankers leaving Iranian ports last month rose 6.4 percent from July, vessel-tracking data compiled by Bloomberg show.
 
The implied capacity of departing vessels rose to the equivalent of 1.07 million barrels a day from 1.01 million barrels, according to signals gathered by IHS Maritime, a Coulsdon, England-based research company. The data may be incomplete because not all ship transmissions are captured.
 
 
The data showed estimated vessel capacities in millions of barrels a day, based on signals from tankers that stopped at Iranian ports as well as movements near the nation’s terminals by its own tankers and Asian ships that previously loaded Iranian cargoes since the European Union’s embargo began in July 2012.
 
The tallies assume standard cargo sizes of 2 million barrels each for very large crude carriers, 1 million for Suezmax tankers and 650,000 for Aframaxes. Japanese VLCCs that also stopped at other terminals in the Persian Gulf were assumed to load 1 million barrels in Iran.
 
The data also shows estimates from the International Energy Agency, the Paris-based adviser to industrialized countries. The IEA counts cargoes once they are received in importing countries, whereas the ship-tracking data compiled by Bloomberg tally exports when they leave Iran.
 
(Source: bloomberg.net)

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