Iran, Poland to establish joint shipping line

By Vessels

Iran and Poland held negotiations in Tehran over launching a joint shipping line for transport of crude oil, petrochemical products as well as liquefied gas.

A fresh round of talks was conducted in Tehran between National Iranian Tanker Company (NITC) and Poland’s Ciech Trading S.A. to establish a joint company to transport petrochemicals and liquefied gas in addition to development of bunkering industry.

Iran, Poland to establish joint shipping line

Tomasz Grzela, Managing Director of Ciech Trading S.A., said at the meeting that his company eyes expansion of ties with NITC in the post-JCPOA era; “accordingly, we are eager to begin joint investment in a wide variety of fields like bunkering as well as carrying of petrochemical products and liquefied natural gas (LNG).”

The Polish official asserted that a joint firm will be formed by NITC and Ciech Trading S.A. in order to bolster relations.

New Managing Director of the National Iranian Tanker Company (NITC) Sirous Kianersi, for his part, referred to oil collaborations between Iran and Poland following sanctions removal voicing NITC’s readiness to boost ties with Polish companies in various relevant areas.

He also pointed to Iran’s plan to increase LNG exports asserting “NITC is ready to launch joint cooperation with Warsaw in the field of liquefied natural gas transport.”

Kianersi went on to reiterate that Iran welcomes the initiative to establish joint venture companies between the two countries.

Meanwhile, Executive Director for International Affairs at National Iranian Oil Company (NIOC) Seyed Mohsen Ghamsari had previously pointed to negotiations between National Iranian Oil Company (NIOC) and Grupa Lotos S.A. of Poland over inking a long-term oil sale contract saying “so far two million barrels of crude oil have been delivered to Lotos.”

Source: MNA