He explained that the proposed pipeline, extending over 1,550 kilometers, could transfer one million barrels of oil per day.
“In view of the capacity to store 20 million barrels, in addition to the pipeline supply, Jask can become the second top oil export terminal,“ he said.
The governor general noted that currently 30 percent of provincial development credits have been allocated to the eastern region.
“The Oil Ministry has also pledged to pay the cost of establishing the Neka-Jask pipeline,“ he said, announcing that in the first stage, the ministry has allocated one trillion rials to the project.
Saheb-Mohammadi further said national and provincial funds will be invested in the region for creating infrastructural facilities
Jask as Oil Transit Hub
03.03.2009 - NEWS
Grounds have been prepared to turn east of Hormuzgan province, particularly Jask Island, into an oil transit hub, said the provincial governor general.
Abdolali Saheb-Mohammadi added that this could be achieved through the construction of an oil terminal and Neka-Jask pipeline, IRNA wrote.