A new export terminal was officially inaugurated at Jask Port, Hormozgan Province, on Thursday, allowing Iran to export its crude oil beyond the Strait of Hormuz, and the export of the first shipment of Iranian crude oil from the Sea of Oman was carried out on Friday.
The terminal has a loading capacity of 1 million barrels per day of crude oil via a massive 1,000-kilometer pipeline from Goureh in Bushehr Province, the Oil Ministry’s news agency Shana reported.
Addressing a virtual ceremony to officially launch the project, Oil Minister Bijan Namdar Zanganeh said the project is currently operating with an oil transfer capacity of 300,000 bpd, which will gradually increase to 1 million bpd by March 2022.
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