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News ID: 82373
Publish Date : 02 September 2020 - 21:32

1st Phase of Jask Oil Terminal to Come On Stream by March

TEHRAN (Dispatches) - Iran will start the first phase of the key oil terminal in Jask region on the Sea of Oman by March 2021, project contractor Vahid Maleki said.
Maleki said that the planned roll-out for the Jask oil terminal will include a metering system, two 36-inch pipelines, marine manifold and a single point mooring (SPM) facility.
The work on Jask oil terminal began in late June with laying a 1000-kilometer pipeline system connecting it to the Goureh region in southwestern province of Bushehr.
The $2-billion project will enable Iran to deliver oil for exports outside the Strait of Hormuz, a narrow waterway accommodating almost a third of the global seaborne oil trade.
More than 4,000 people have been employed for construction of the huge project which is fully financed by the Iranian government.
Maleki said construction and engineering teams were almost through on 35 percent of the work on the pipeline and the oil export terminal in Jask, adding that the enterprise will proceed as planned in the upcoming months until it fully comes on line by March.
"Currently, some 150 units of light and heavy machinery are busy working on the executive side and some 900,000 cubic meters of earthworks have been carried out as part of plans for the early rollout of the project,” the contractor said.
It was announced late in June that launching the Goureh-Jask pipeline proved Iran’s capability and resilience to move forward even under the sanctions cruelly imposed by the U.S. in a bid to resist any possible closure of the Strait of Hormuz.
The pipeline in southern Iran was of strategic importance among many projects unveiled on Thursday June 24 by the government.
The 42-inch Goureh-Jask pipeline with a length of about 1,000 km is equipped with 5 pumping stations and 2 sphering stops and is accompanied by 11 electricity posts and a 180-km power transmission line.
The project is aimed at transferring 1 million barrels of exported crude oil per day, the transmission capacity of an extra 1 million barrels of crude from Goure to Jask terminal per day, and storing and exporting crude oil from the new terminal in Jask Island.
The project has so far cost $300 million and needs $800 to $850 million more to be accomplished by March 2021, according to Iran’s Oil Ministry.