Iran Installs Electronic Locks On Oil Tankers To Stop Fuel Smuggling

Iran has introduced a new initiative to enhance security and monitoring in its oil transportation sector by installing electronic locks on oil tankers.

The National Iranian Oil Engineering and Construction Company (NIOEC) has launched a comprehensive project titled “Real-Time Monitoring of the Supply and Distribution Chain of Petroleum Products”, which will be implemented within nine months.

The plan includes installing advanced tracking mechanisms and security equipment to prevent fuel smuggling, optimise oil distribution, and improve energy management.

Officials have confirmed that intensive preparations have been underway for the past three months, and a general contractor will soon be appointed to begin implementation.

Fuel smuggling has been a major issue for Iran, causing financial losses and security risks.

The new monitoring system aims to track oil product movements in real-time, detect any irregularities, and prevent unauthorised fuel transfers.

Iran seeks to ensure tighter control over its oil transportation network and increase transparency by using electronic locks and digital tracking systems.

The initiative focuses on improving the efficiency of refining, transfer, and distribution processes, apart from security enhancements.

The plan includes optimising co-loading systems, integrating modern technology into infrastructure, and ensuring better resource management.

According to NIOEC officials, managing energy resources efficiently is particularly crucial during crises, making this project a priority.

Once implemented, the electronic lock system will not only enhance Iran’s oil security but also serve as a model for other countries looking to strengthen their supply chain monitoring.

NIOEC, responsible for Iran’s major petroleum infrastructure projects, will oversee the implementation of this initiative. The company handles projects related to petroleum refining, pipeline construction, and oil depots and oversees petroleum joint ventures.

Reference: Tehran Times, Mfameguru

Source: Maritime Shipping News