Jask Mega Oil Tanks Under Construction
04.10.2018 - NEWS

April 10, 2018 [Financial Tribune] - Mega crude oil tanks in the port of Jask in the southern Hormozgan Province will have the capacity of storing up to 30 million barrels of crude oil, the managing director of National Iranian Oil Engineering and Construction Company said.


Delineating the major project, Hamid Sharif-Razi added that the construction of crude storage tanks is underway.

The tanks are planned to store 10 million barrels in the first phase, which could increase up to 30 million later,” ISNA quoted the official as saying on Monday.

The plan calls for laying 1,000 kilometers of a 42-inch pipeline from the city of Goureh [in Bushehr Province] to the port of Jask,” he added.

The Petroleum Engineering and Development Company (PEDEC), also known as Matn, will manage the pipeline project with NIOEC’s consultancy.

—————————-

TankTerminals.com – Research, Market and Expand Your Presence within the Tank Storage Industry
Learn more.

10-year Treasury yield hovers close to highest level since April as investors await key jobs data
01.10.2025 - NEWS
U.S. Treasury yields hovered close to its highest level since April on Friday, as investo... Read More
Union dockworkers, port employers announce tentative deal at East Coast and Gulf ports
01.09.2025 - NEWS
State of Freight The tentative agreement is on all items for a new six-year mas... Read More
China's property market is expected to stabilize in 2025 — but stay subdued for years
10.30.2024 - NEWS
China’s struggling real estate sector may not start turning around until the sec... Read More
Harris will offer an alternative to Trump-era politics in closing argument speech
10.29.2024 - NEWS
1234534234 Democratic presidential nominee U.S. Vice President Kamala Harris walks to bo... Read More