Iran has launched a project to transfer its crude away from the Arabian Gulf in an effort to circumvent US sanctions and warnings to countries that purchase Iranian oil.

With the installation of an offshore structure at a distance of approximately six kilometers from Makran coast, the early phase of the project will go operational, according to PressTV.

Jask terminal is under construction by Pars Oil and Gas Company on 60 hectares of land and with nearly €260 million of investment.

The Single Point Mooring (SPM) system and its accessories, including floating and submersible hoses, weigh nearly 800 tons. It will be installed and fixed to the seafloor at a depth of 48 meters.

The 1,000-kilometer pipeline from Bushehr will soon be linked to Jask terminal and then via the underwater pipes it will reach the SPM to load tankers with crude. Jask will soon become Iran’s second-largest oil export terminal after the Kharg Island terminal.

The Kharg Island in the Arabian Gulf is Iran’s main terminal to export crude oil. To reach Kharg, tankers must pass through the Strait of Hormuz.

With the new project, the country’s oil exports will not be linked to the Strait of Hormuz and tankers can load in the Sea of Oman.

Source » aawsat