Iran opens an oil terminal to bypass the strategically important Strait of Hormuz oil and gas news

Iran opens an oil terminal to bypass the strategically important Strait of Hormuz oil and gas news



The new terminal is located near the port of Jask in the Gulf of Oman, allowing ships to sail into the Arabian Sea and beyond to avoid narrow straits.

The outgoing President Hassan Rouhani stated that Iran has opened its first oil terminal in the Gulf of Oman, a move that will prevent it from using the Strait of Hormuz route, which has been a regional tension for decades. The focus of the situation.

“This is a strategic move and an important step for Iran. This will ensure the continuation of our oil exports,” Rouhani said in a televised speech on Thursday.

The new terminal is located near Jask Port in the Gulf of Oman, south of the Strait of Hormuz, allowing ships to enter the Arabian Sea and beyond to avoid narrow routes. Iran’s main oil export terminal is located in Harge Port in the Strait of Hormuz, which is less than 40 kilometers (25 miles) at its narrowest point.

“We have a terminal. If there is a problem, our oil exports will be cut off,” Rouhani admitted, adding that “today is a great historic day for the Iranian nation”.

“Today, the first batch of 100 tons of oil was installed outside the Strait of Hormuz. This shows the failure of US sanctions,” he said.

Rouhani stated that Iran’s goal is to export 1 million barrels of oil per day from the new facility. It also built a 1,000-kilometer (600-mile) pipeline to transport crude oil from Gorey in Bushehr Province to a new terminal in the southeast.

Iran often threatens that if its crude oil exports are closed due to U.S. sanctions, the U.S. reimposed sanctions three years ago, and then President Donald Trump unilaterally withdrew from the landmark nuclear agreement signed by Iran and the world powers in 2015 .

Since the beginning of April, Iranian officials and the administration of US President Joe Biden have been holding indirect talks in Vienna to restore the agreement, under which Iran agreed to curb its nuclear program in exchange for the lifting of most international sanctions.

The Strait of Hormuz is a narrow channel at the mouth of the Gulf. About one-fifth of the world’s oil flows from Middle Eastern producers to markets in Asia, Europe, North America and other regions.

Iran’s elite Islamic Revolutionary Guard Corps and the U.S. military regularly confront each other in the region.

Iran and Israel’s arch enemy Iran also accused each other of hitting each other’s ships in sensitive waterways.

In February and April, Israeli-owned ships were attacked in the Gulf of Oman, and Israel blamed Iran for the bombing.

Iran’s largest warship is also Sink After a fire in the Gulf of Oman in early June. Officials have not yet stated whether the sinking of the Kharg was an act of sabotage or an accident.


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