President Hassan Rouhani inaugurated a strategic oil pipeline that transfers crude oil from Goreh in the southwestern Province of Bushehr (on the Persian Gulf coast) to Jask, on the Gulf of Oman, southeast Iran.
Addressing the online inauguration ceremony of the 1000-km oil pipeline on Thursday, President Rouhani said it was the most important project carried out during his two terms in office since 2013 and a "historic" event.
“Today is a historic day for Iran’s oil industry when the crude oil export operation from Makran kicks off,” said the president, noting that the large-scale national project is a decisive response to the US, the conspirators, and all those speculating about unsustainability of Iran’s future.
The Goreh-Jask oil transfer project provides Iran with an alternative route for the country’s crude oil exports that are currently carried out through the Strait of Hormuz.
In its first phase, the project has a capacity to transfer 300,000 barrels of oil per day and create 10,000 job opportunities.
The export of oil and banking transactions are two main areas of the economic war that the enemy has launched against Iran, Rouhani noted, saying the US was mistaken to think that it can disrupt Iran’s oil industry, impede its crude exports, and hamper its financial transactions.
The project of transferring oil from Goreh to Jask had kicked off in 2018. The project consists of five oil pumping stations, two Pipeline Inspection Gauge (PIG), crude oil storage tanks in Jask and the Jask Oil and Gas Terminal.
It is worth mentioning that the cost of implementing the oil transferring project stands at two billion dollars, which makes it a cost-effective venture compared to similar projects in other countries such as the United Arab Emirates.
The project will enhance energy security because of the vicinity of the Jask Oil and Gas Terminal to important markets in India and China.