BAKU, Azerbaijan, March 5. In the first months of the next Iranian year (from March 20, 2024 through March 20, 2025), 6 new storage facilities will be put into operation at the Goreh oil terminal in Bushehr province, located in southern Iran, executive director of Iran's Petroleum Engineering and Development Company (PEDEC), Abouzar Sharifi said, Trend reports.
According to Sharifi, the total capacity of the six depots is 4 million barrels of crude oil. Two of them are 500,000 barrels each and two are 1 million barrels each.
Sharifi added that a total of about $80 million has been invested in these storage depots.
Stating that the purpose of building the depots is the stable transportation of crude oil to the port of Jask, the representative of the company informed that 50 pumps have been installed at the pressure stations of the Goreh-Jask oil pipeline.
"Construction of storage facilities with a capacity of at least 2 million barrels continues at the Port of Jask. Currently, the construction works are close to completion. In general, the capacity of this port will amount to 10 million barrels," he said.
Meanwhile, the construction of the 1,000-kilometer Goreh-Jask oil pipeline from the Goreh oil terminal in southern Iran's Bushehr province to Jask station on the coast of the Gulf of Oman, with a capacity of more than $1.8 billion, has been completed and the work has been assigned to local producers and contracting companies by Iran's National Oil Company. When this pipeline is operating at full capacity, it is planned to transport 1 million barrels of crude oil per day.
To note, the 1st phase of this pipeline started transporting 300,000 barrels of crude oil per day in May 2022.
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