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4 February 2012 - 10:49

Iran's deputy oil minister says the Islamic Republic will soon increase the exports of jet fuel to its neighboring countries by launching a pipeline carrying the product.

The 12.5 kilometer long pipeline, aimed at increasing the exports of jet fuel will come on stream in Bandar Abbas, the center of the Hormuzgan province, in February, Alireza Zeighami said on Friday.

Zeighami added that the pipeline is part of a project, which aims to boost the transfer of oil products at Shahid Rajaei and Foulad docks, and said once the project becomes operational the country's loading capacity of oil products in the Persian Gulf will increase.

He also added a new jet fuel production unit has been launched in Kermanshah refinery, western Iran.

On July 12, Iran's Deputy Oil Minister Alireza Zeighami said, “We are prepared to export jet fuel to neighboring states.”

He stressed that Iran “is not faced with any problem in the production and storage of jet fuel.”

Earlier in December, Iran's Oil Ministry signed an agreement with Afghanistan's Ministry of Commerce and Industry for the annual export of one million tons of Iranian oil products to that country.

According to the contract, Iran is expected to export products including gasoil, jet fuel and gasoline to Afghanistan.

A total daily amount of 3 million liters of jet fuel is being currently supplied to domestic and foreign airlines in about 50 airplane fueling centers in Iran.

Iran holds the world's third-largest proven oil reserves and the second-largest natural gas reserves.
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News Code 181457