Iran Voices Readiness to Transfer Crude Oil, Swap with Neighbors

Iranian Oil Pipeline and Telecommunication Company (IOPTC) announced its readiness to transfer crude oil and conduct swap operations with neighboring countries.

“The company is prepared to facilitate the transfer of crude oil and swap operations to neighboring countries, provided there is a declared need and the necessary conditions are met,” IOPTC Chief Ali Ahmadipour was reported as saying by IRNA on Tuesday.

Speaking on the sidelines of the second day of the Iran Expo 2025, Ahmadipour said, “We are capable of transferring crude oil and conducting swaps to countries such as Iraq, Afghanistan, and other neighboring states. However, the relevant missions must be officially assigned to the company.”

The IOPTC chief added, “Last year, the company broke its transfer record, moving 144 billion liters of crude oil and petroleum products across the country.”

Ahmadipour further noted, “Our daily operations include transferring 190 million liters of petroleum products and 200 million liters of crude oil.” - Iran Daily