Iran's second largest oil export terminal to be set at Jask port

Oil&Gas Materials 20 May 2020 12:36 (UTC +04:00)
Iran's second largest oil export terminal to be set at Jask port

BAKU, Azerbaijan, May 20

By Elnur Baghishov - Trend

Iran's second largest crude oil export terminal will be constructed at the country Jask port, Executive Director of Iran’s Petroleum Engineering and Development Company (PEDEC) Touraj Dehghani said, Trend reports with reference to the National Iranian Oil Company (NIOC).

According to Dehghani, the terminal will be built within the project on commissioning a pipeline to transport crude oil from the Goureh oil terminal located in Bushehr province in southern Iran to the Jask port located on the shores of the Gulf of Oman.

Dehghani added that the Goureh-Jask oil pipeline is the main priority for the Iran’s Ministry of Petroleum this year.

In his words, 1 million barrels of crude oil per day will be transported to Jask after the pipeline becomes fully operational.

The official said that about 90 percent of the equipment and parts for the pipeline is provided domestically. Thus, all the pipes will be produced by the end of the 9th month of the current Iranian year (November 20, 2020).

Dehghani said that the commissioning of storage facilities with the capacity to store 2 million barrels of crude oil and 14-megawatt power plant are among the plans for this year.

The official added that according to the program, the pipeline will be commissioned next year (begins March 21, 2021).

The construction of the 1,000-kilometer Goureh-Jask oil pipeline project worth more than $1.8 billion has been outsourced to local manufacturers and contractors. It is planned to transport 1 million barrels of crude oil per day via the pipeline.

It is also planned to build 30 million-barrel oil storage facility on 460 hectares at the Iranian Jask oil terminal. As part of this program, a storage facility for 10 million barrels of oil is being built.