Iran started the operation for the installation of the first single point mooring (SPM) system of the Jask crude oil export terminal, announced the operator of Jask oil terminal project in the Persian Gulf waters.
The installation of the first single point mooring (SPM) system of the Jask crude oil export terminal has been completed and the SPM is loaded to be shipped toward its designated point in the Sea of Oman, said the operator of Jask oil terminal project in southern Iran.
The first phase of the Goreh-Jask pipeline project, which will provide the country with an alternative route for crude oil exports that are currently transferred through the Strait of Hormuz, has reached 76.5 percent of physical progress and is nearing completion, according to schedule.
The first phase of Iran’s key oil terminal in Jask region on the Sea of Oman will become operational by March 2021, said a project contractor on Tuesday, as the country presses ahead with plans to allow crude exports outside the Strain of Hormuz in the Persian Gulf.
Considering progress in Goreh-Jask oil pipeline project, the National Iranian Oil Company (NIOC) will be able to export its first oil cargo from Jask terminal by the end of the current Iranian calendar year (March 20, 2021), said the managing director of Petroleum Engineering and Development Company (PEDEC).