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FinancialNews
28-01-21
Iran completes construction of oil pipeline of Jask crude oil
(MENAFN)The operator of Jask oil terminal project in southern Iran declared that the building of the first 36-inch offshore oil pipeline of the Jask crude oil export terminal has been finished.
According to Pars Oil and Gas Company (POGC), Vahid Maleki set the total length of the offshore pipeline of the Jask oil terminal at 45 kilometers, including six parts of 36-inch pipelines, and estimated that the pipeline will be finished on both land and sea by the end of the current Iranian month (February 18).
Maleki had declared the initiating of the offshore pipeline extension operation for the early-phase of this project.
As the country’s second major oil terminal, Jask terminal is under building by Pars Oil and Gas Company on 60 hectares of land and with about €260 million (about USD314 million) of investment.
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