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GasBuddy News Article

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Oil Backed Up, Iranians Put It on Idled Ships

NY Times -- BANDAR ABBAS, Iran — The hulking tanker Neptune was floating aimlessly this week in the warm waters of the Persian Gulf, a fresh coat of black paint barely concealing its true identity as an Iranian ship loaded with hundreds of thousands of barrels of oil that no one is willing to buy.

The ship’s real name was Iran Astaneh, and it was part of a fleet of about 65 Iranian tankers serving as floating storage facilities for Iranian oil, each one given a nautical makeover to conceal its origin and make a buyer easier to find. The Neptune had been floating there for a month, and local fishermen said there were two even larger tankers anchored nearby.


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Submitted Jul 05, 2012 By: epf
Category: Daily News Article Discussions > Topics Add to favorite topics  
Author Topic: Oil Backed Up, Iranians Put It on Idled Ships Post a Reply Back to Topics
REPLIES (newest first)
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jerej829
Champion Author Memphis

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Message Posted: Jul 6, 2012 6:28:11 PM

Ok
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sparky808
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Message Posted: Jul 6, 2012 1:22:08 PM

Thank you for posting.
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DanMtz
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Message Posted: Jul 6, 2012 1:22:02 PM

Sounds good.
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kyjlh
Champion Author Kentucky

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Message Posted: Jul 6, 2012 6:58:56 AM

good infromation
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epf
Champion Author Grand Rapids

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Message Posted: Jul 6, 2012 5:22:08 AM

Glad to see this post did so well.
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wz
Champion Author Twin Cities

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Message Posted: Jul 6, 2012 12:22:51 AM

The squeeze is working, but will it put a stop to their nuclear ambitions, or merely divert them to a more clandestine approach? My money is on the latter.
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VaBchDriver
Sophomore Author Virginia Beach

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Message Posted: Jul 6, 2012 12:16:31 AM

Finally, something the oil producing nations understand. Couldn't happen to a better nation.
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crreed1
Champion Author West Virginia

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Message Posted: Jul 6, 2012 12:16:17 AM

keep them there
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Vette1967
Champion Author Albany

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Message Posted: Jul 6, 2012 12:12:46 AM

They messed up.
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ManOfLeisureII
Champion Author Philadelphia

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Message Posted: Jul 6, 2012 12:11:57 AM

Gotta run out of storage sooner or later
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jackson661
Champion Author Columbus

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Message Posted: Jul 6, 2012 12:09:19 AM

So now the real pressure is on Iran.
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Colts13
Champion Author Indiana

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Message Posted: Jul 6, 2012 12:08:48 AM

Ok.
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jrschl
Champion Author Louisville

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Message Posted: Jul 6, 2012 12:08:47 AM

Tbry can use t for enemas for all I care.
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SaturnSC
Champion Author Columbus

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Message Posted: Jul 6, 2012 12:08:11 AM

They are headed by an idiot. He sealed his doom when he cursed Israel
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Bigwaynef
Champion Author South Carolina

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Message Posted: Jul 6, 2012 12:07:48 AM

Sweet and as we watch the gas prices rising very quickly...
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jvt666
Champion Author California

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Message Posted: Jul 6, 2012 12:07:34 AM

Let is stay there, maybe all of the ships will fill up and then Iran will try to figure out why they can't sell it.
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12766
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Message Posted: Jul 6, 2012 12:06:45 AM

OK
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pastorpaulcg
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Message Posted: Jul 6, 2012 12:05:46 AM

Ok
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FarmHillBarb
Champion Author Florida

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Message Posted: Jul 6, 2012 12:04:07 AM

somalian pirates: you play dirty so seize the ships and take the oil
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TheeRedRam
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Message Posted: Jul 6, 2012 12:03:52 AM

.
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mpg611
Champion Author Cleveland

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Message Posted: Jul 6, 2012 12:03:44 AM

Gotta love religious differences between America and Iran that MEAN NOTHING.
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96sc1
Champion Author El Paso

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Message Posted: Jul 5, 2012 11:04:44 PM

They should insure the ships and then pay the Somali pirates to hijack them.
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Blue48
Champion Author Illinois

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Message Posted: Jul 5, 2012 10:19:48 PM

TOO BAD SUCKERS!
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aquarinut
Champion Author British Columbia

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Message Posted: Jul 5, 2012 9:37:31 PM

Wonder what would happen to the world economy if Iran gave up on their nuclear development and could suddenly dump billions of barrels of oil onto the market???
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ProRogue
Veteran Author Vancouver

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Message Posted: Jul 5, 2012 9:35:19 PM


I'm with you, drz614-- "no is willing to buy". Ha!
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drz614
Champion Author Harrisburg

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Message Posted: Jul 5, 2012 9:31:28 PM

my guess is most will head to a little place called china and will use the yaun or gold as exchange.
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wulf2000
Champion Author Miami

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Message Posted: Jul 5, 2012 9:08:27 PM

To avoid international sanctions Iran must be selling oil at a huge discount.

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swrestler
Champion Author Grand Rapids

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Message Posted: Jul 5, 2012 9:06:18 PM

I Agree Screw Iran....
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EmperorsFinest
Champion Author Chicago

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Message Posted: Jul 5, 2012 9:02:04 PM

Screw Iran!
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heartbroken2010
Champion Author Ottawa

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Message Posted: Jul 5, 2012 8:57:30 PM

someone will get this stuff, money does talk, sad to say.
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pickledude72
Champion Author California

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Message Posted: Jul 5, 2012 8:55:37 PM

YAAAWWWWWWNNNNNNNNNNNNNN!
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raj_fl
Champion Author Trenton

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Message Posted: Jul 5, 2012 8:53:29 PM

hope this helps iraqi
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raj_fl
Champion Author Trenton

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Message Posted: Jul 5, 2012 8:53:02 PM

mmmmm
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coughlin
Champion Author San Jose

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Message Posted: Jul 5, 2012 8:52:05 PM

If anyone trades missiles with Iran, everyone loses.
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grammamNV
Champion Author Nevada

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Message Posted: Jul 5, 2012 8:50:43 PM

how long can they hold out?
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PizzaMon
Champion Author Philadelphia

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Message Posted: Jul 5, 2012 8:50:34 PM

Let's hope that there are no maritime 'accidents' involving these tankers.
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netman044
Champion Author Texas

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Message Posted: Jul 5, 2012 8:46:33 PM

They will run out of ships before long.
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Zeke33
Champion Author New Hampshire

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Message Posted: Jul 5, 2012 8:46:32 PM

Good! Let the world show the Iranians that their nuclear activity will not be tolerated.
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Rans35PG
Champion Author Modesto

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Message Posted: Jul 5, 2012 8:46:21 PM

good!
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mgune9
All-Star Author Dallas

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Message Posted: Jul 5, 2012 8:39:55 PM

how long will this last?
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ezone
Champion Author Florida

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Message Posted: Jul 5, 2012 8:38:54 PM

How sad that Iran can't sell all its oil. My heart bleeds for them - NOT.
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spmaudio
Champion Author Chicago

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Message Posted: Jul 5, 2012 8:37:57 PM

Let's hope those ships don't sink...
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200porter
Champion Author Toronto

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Message Posted: Jul 5, 2012 8:35:18 PM

I guess they cant just stop producing it
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gsofrs
Champion Author Greensboro

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Message Posted: Jul 5, 2012 8:29:05 PM

Political pressure is mounting.
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uptherefiners
Champion Author Chicago

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Message Posted: Jul 5, 2012 8:28:51 PM

and they still don't see what's wrong with this picture
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jessek
Champion Author Detroit

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Message Posted: Jul 5, 2012 8:26:43 PM

And eventually they will run out of ships.
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runner74
Champion Author Washington

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Message Posted: Jul 5, 2012 8:26:35 PM

ok
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fire@53
Champion Author Philadelphia

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Message Posted: Jul 5, 2012 8:24:35 PM

Iran and its allies will try and find a way to get this oil!
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Mustache_33
All-Star Author Toronto

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Message Posted: Jul 5, 2012 8:24:23 PM

C'mon Somali pirates!! Get your own barrels of oil or explode it!! lol
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JMRW80
Veteran Author Massachusetts

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Message Posted: Jul 5, 2012 8:24:20 PM

If they had heeded our warnings they wouldn't be in this position. Do they really think that these "makeovers" will fool anyone?
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