Iran Plans Oil Exports Next Month from New Port Beyond Hormuz By Bloomberg – Investing.com
Iran Plans Oil Exports Next Month from New Port Beyond Hormuz By Bloomberg – Investing.com
(Bloomberg) --
Iran said it will soon export oil from a new port that allows it to bypass the Strait of Hormuz, as nuclear talks between Tehran and other world powers show signs of progress.
National Iranian Oil Co. will start shipping from the Jask terminal on the Gulf of Oman coast next month, according to a statement from the state-controlled firm. NIOC is already pumping oil into a 1,000-kilometer (620-mile) pipeline connecting Jask with the southwestern energy hub of Goreh, Managing Director Masoud Karbasian said.
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