Work on the construction of large crude oil storage tanks in the port of Jask is underway.
Local media reports that in the first phase of the project, the facility will have the capacity to store 10 million barrels. This could increase to up to 30 million barrels at a later phase, Hamid Sharif-Razi, managing director of National Iranian Oil Engineering and Construction Company said.
Additionally, the project also comprises a 1,000 kilometer 42-inch pipeline from the city of Goureh, in Bushehr Province to the port of Jask, in the southern Hormozgan Province.
Fujairah's newest storage terminalShifting LNG market dynamics The rise of the fake terminal Storage for a flourishing trading market Storage hubs: navigating unprecedented changes Middle East storage operators buck oil price trend Ensuring India's energy security Deploying automation logic to fuel management systems The future is smart Innovative techniques for tank storage inspection