Neka Jask Pipeline

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Neka Jask Pipeline is a proposed oil pipeline in Iran. There have been no development updates since 2017 and the project is presumed to be cancelled as of 2021.

Location

The pipeline will run from Neka, Iran to Jask, Iran.

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Pipeline details

• Owner: National Iranian Oil Company
• Parent company: Iran Ministry of Petroleum
• Capacity: 1,000,000 bpd
• Length: 1,515 kilometers
• Status: Cancelled
• Start year: 2021

Background

The Neka Jask Pipeline is a proposed oil pipeline in Iran. If constructed, it will transport crude oil originating from Kazakhstan, Azerbaijan, Turkmenistan and Russia through the port of Neka on the Caspian Sea to Jask, Iran on the Gulf of Oman. The planned capacity of the 1,515 km (941 mi) pipeline is 1 million barrels per day of crude oil. It is expected to cost US$2 billion.

The pipeline is part of a development plan in the region, which includes the construction of a terminal, two refineries, a petrochemical complex and oil storage units with a total capacity of 10 million barrels in the first phase and 30 million barrels in the second. The terminal could ease the load of tanker traffic at Kharg Oil Terminal off the Persian Gulf coast that is responsible for more than 90% of Iranian oil exports. The terminal and pipeline are expected to be complete by 2021.

There have been no development updates since 2017, and the project is presumed to be cancelled as of 2021.

Articles and resources

External articles

Wikipedia also has an article on the Neka-Jask Pipeline ([1]). This article may use content from the Wikipedia article under the terms of the Creative Commons Attribution-ShareAlike 3.0 Unported License].