Following completion of a key oil export pipeline that bypasses the Strait of Hormuz, the National Iranian Oil Company will start exporting crude oil from its new terminal at Jask off the Oman Sea in June, the oil minister said.
"Construction of the 1,000 km Goureh-Jask oil pipeline that stretches from Goureh Oil Terminal in Bushehr Province to Jask Port in Hormozgan Province is over," Bijan Namdar Zanganeh was quoted as saying by the Oil Ministry news service.
In the first phase, the conduit will carry 300,000 barrels of crude per day from the West Karun oil fields to the southern coast on the Sea of Oman, he said.
The second phase calls for more pumping stations to boost the pipeline’s capacity to 1 million barrels per day.
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