BAKU, Azerbaijan, October 1
By Elnur Baghishov – Trend:
There is a 60 percent progress in the implementation of work in the first phase of the project on the crude oil transportation from Goureh oil terminal in the Bushehr province (southern Iran) to the Jask station on the shores of the Gulf of Oman, Executor of the Goureh-Jask oil pipeline project Mohammad Saghaee told IRIB, Trend reports.
The official noted according to the schedule, the first phase of the pipeline will be launched by the end of the current Iranian year (March 20, 2020 - March 21, 2021).
Saghaee added that currently, about 10,000 employees work in three shifts on the construction of the pipeline.
Saghaee emphasized approximately 90 percent of the equipment used in this project is produced domestically.
“The value of this project is about $2 billion. The domestic manufacturing of the equipment prevented the outflow of about $250 million in currency from the country.
"The project envisages the laying of a 42-inch pipeline with a length of 1,000 km, the construction of 5 pumping stations, storage facilities and export platforms," he said.
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.
According to the program, the pipeline will be commissioned next year (begins March 21, 2021).
It is also planned to build a 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.