January 07, 2025 [Shana]- The pipeline supplying crude oil to the Bandar Abbas refinery, an offshoot of the Goreh-Jask crude oil pipeline with a daily capacity of 300,000 barrels, was officially inaugurated on Thursday.
The project aims to enhance production stability and develop the country’s strategic infrastructure.
The inauguration attended by Mohammad Sadeq-Azimifar, CEO of the National Iranian Oil Refining and Distribution Company (NIORDC); Mohammad Meshkinfam, CEO of the National Iranian Oil Engineering and Construction Company; Ahmad Hashemi, CEO of the Bandar Abbas Oil Refining Company; Mousa Ahmadi, head of the parliamentary Energy Committee; and Mohammad Ashouri Taziani, governor general of Hormuzgan Province.
Completion and operation of this 30-inch pipeline, spanning 37 kilometers and branching from the Goreh-Jask line, now provide the Bandar Abbas refinery with a stable crude oil supply of 300,000 barrels per day. This is a significant step toward increasing refinery efficiency and output.
The project exemplifies successful collaboration within the oil industry. The cost savings achieved by reducing crude transportation expenses are estimated at $80 million annually.
The project’s contract was signed with Maroun Mechanic Company in November 2020, and the construction was completed in 16 months.
The pipeline branches off at the 737th kilometer of the Goreh-Jask line and connects directly to the Bandar Abbas refinery.
With an investment of approximately €32 million, the project was funded by the National Iranian Oil Company. The National Iranian Oil Engineering and Construction Company oversaw execution, while Maroun Mechanic served as the main contractor.
The first crude oil transfer to the refinery’s storage tanks occurred on December 25, 2024.
In addition to ensuring a stable crude supply, the pipeline eliminates issues related to maritime transportation and adverse weather conditions. Crude oil will now be delivered via an onshore pipeline, reducing costs and improving supply reliability.
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