Caretaker of Ministry of Petroleum Gholam-Hossein Nozari told reporters that this is an strategic decision for the country, which will increase the capacity for oil swap from the current figure of 150,000 to one million barrels per day.
Speaking on the sidelines of inauguration of the plan to increase the capacity of Bandar Abbas to Isfahan pipeline, Nozari stated that Neka -Jask cross-country pipeline will allow littoral countries of Caspian Sea to take their oil at a lower cost to free seas.
Asked about the plan to increase the capacity of Bandar Abbas-Isfahan pipeline, he noted that the plan will change transfer system of oil and oil products from trucks to pipeline, both less costly and safer.
He said Bandar Imam Petrochemical Complex is a major hub for petrochemical industries while Assaluyeh is the hub of gas industry.
According to current plans, Bandar Abbas refinery which is capable of treating about one million barrels of crude oil, will become a hub for oil refining industry, he said adding that negotiations on peace pipeline are going on in a satisfactory manner and the project will certainly be carried out.
Via: Islamic Republic News Agency
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