All tagged Goreh-Jask

Iran on Track to Open New Oil Terminal Outside Persian Gulf

◢ Iran said on Monday that it is on track to create a new oil terminal on the Sea of Oman that would open a new export route for its crude and allow tankers to bypass the strategic Strait of Hormuz. The National Iranian Oil Company signed a contract worth around $52 million Monday with three local companies to supply 50 pumps for the pipeline project.