Major storage facility at Jask in Iran

The Port of Jask in the Hormozgan Province of Iran is set to become home to a $2bn oil terminal that will be capable of storing up to 30 million barrels of crude oil. It will also be able to export 1 million barrels per day of crude oil once completed.

The facility is set to be completed by 2021 and forms part of development plans in the area which will also see the development of two refineries and a petrochemical complex alongside the storage facilities.

5th June 2017