29 / January / 2017 10:01

Shipping sanctions failed with bitumen exports

EghtesadOnline: Shipping sanctions against Iran were failed in the post-JCPOA era with export of over 34,000 tons of bitumen from Bandar Imam Khomeini port to Malaysia.

News ID: 773547

Bitumen loading on Palanka Maputa, one of the seven biggest ships in the world, which had decked in Bandar Imam Khomeini, destined for Malaysia, completed on Saturday. 

The 35,000-ton cargo, valued at 300 billion Rials, took eight days to load the bitumen on the ship, according to IRNA. 

Abadan Naft-e Pasargad Company, seller of the cargo to Malaysia, is the biggest exporter and bitumen integrated transporter in the region. 

Iran and P5+1 Group reached a nuclear deal, known as the Joint Comprehensive Plan of Action (JCPOA), which removed nuclear-related sanctions against Iran.

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