Iranian crude oil inventories will rise up by 10 million barrels by the end of the current Iranian year upon completion of construction of reservior in Genaveh, Bushehr province.

Managing Director of National Iranian Oil Terminals Company (IOTC) Seyed Pirouz Moussavi said on Thursday that foreign companies have welcomed investment in the IOTC.

The number of countries purchasing Iranian oil has climbed from five in sanction years to 10 in the post-JCPOA era.