The National Iranian Oil Company (NIOC) has started operations to send crude oil through its new pipeline from Goreh in Bushehr to Jask on the Gulf of Oman, bypassing the notorious Strait of Hormuz.
Once fully operational, the pipeline will be able to deliver 1 million bbl of crude oil per day, to be stored and exported via the Jask terminal. NIOC says that the pipeline and terminal are part of a national strategic plan and will guarantee the continuation of Iran’s crude oil exports and the decentralisation and diversification of export terminals, as well as creating jobs on the Makran coast.
‘After the oil reaches Jask, which takes less than a month, in the near future, the official opening ceremony and commissioning of this national project will be held in the presence of the president,’ says NIOC CEO Masoud Karbasian.
Karbasian said that the project to transfer oil from Goreh to Jask is the largest ongoing project in the oil industry. Domestic capabilities were used for the manufacture of transmission valves and electric pumps, and for the construction of a 1,000 km oil transfer pipeline, storage tanks, terminals and single buoy mooring.