The National Iranian Oil Refining and Distribution Company and Bank Mellat have signed a memorandum of understanding for the construction of a pipeline to supply petroleum products to the country’s eastern region.
With a capacity of 150,000 barrels (24 million liters) per day of various products, the pipeline will start from Rafsanjan County in Kerman Province, pass through Birjand in South Khorasan and Torbat Heydariyeh in Khorasan Razavi and finally reach Mashhad, the capital of Khorasan Razavi.
The construction of the 948-km-long pipeline will be financed by Bank Mellat that is actively involved in the oil industry's major projects.
January 15, 2022 18:55
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Deal Signed to Construct Oil Pipeline for Eastern Region
The project will ensure the sustainable supply of fuel required in the eastern and northeastern parts of Iran, reduce transportation costs and facilitate the export of products to neighboring countries
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