Sunday, 12 January, 2020

Iran to construct largest oil terminal in Oman Gulf

Iran’s President Hassan Rouhani in a meeting with Iranian researchers said that exporting oil from different ports is among the strategic measures taken by the government and Jask will be the 2nd most important oil export hub. Director of Iranian Oil Company Seyyed Pirouz Mousavi told that Jask will shorten oil transfer distance and thus will reduce oil shipment cost. Mousavi added that investment in Jask oil terminal, including storage reservoirs and, discharge jetty, lifebuoy and coastal equipments is expected to boost crude oil production by 20 million additional barrels per day.

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