Dr. Hassan Rouhani today (Thursday, July 25) at the ceremony of launching Miandoab Petrochemical Plant, normal hexane production unit of Shazand refinery in Arak and the official start of construction of Goreh-Jask crude oil pipeline to Makran oil export terminal, said: “At the beginning of the 11th administration, we were thinking about the Goreh-Jask Pipeline project, which is of great importance in terms of national security. I have always been concerned that the administration comes to an end without implementing this project.”

He noted that a pipeline factory for sour oil and gas was to be built by a foreign company in Iran at first, but the project was halted due to the sanctions in 2018. "When this project was stopped, we doubted whether we could entrust domestic industries with the task.

The President considered it very important for Iranian companies to build the metal sheets needed for the project, saying, “Today, all foreign companies that wanted to help us in this regard and stopped their work, the imposers of the sanctions, the Americans and the Zionists, are well aware of the fact that they cannot prevent the Iranian nation from moving in the direction of production and technology.”

Rouhani said that to build the Goreh-Jask pipeline, Iran will need 1,000 kilometers of pipelines, which will be built by three Iranian companies, adding: "Of these 1,000 kilometers, about half of it, or 404 kilometers, are prepared, manufactured and gradually delivered, and laying the pipes has begun."

He continued: "The sanctions, despite all the problems and misfortunes that befell the country, are also opportunities in some areas, prompting us to achieve and finalize such great projects with the help of our workers, technologists and researchers."

Historic day of Iran's energy sector

Explaining why the Goreh-Jask pipeline is strategic, the President said: "Many countries in the region have been able to find an alternative to exporting crude oil rather than the Strait of Hormuz, so that they can export their oil in other ways in times of danger to the Strait."

Rouhani said that the only country that had remained without an alternative for its oil exports was the Islamic Republic of Iran.

He continued: "This project is the most important project not only in terms of economy but also in terms of national security, economy and energy. Our customers can rest absolutely sure. The one who buys oil from us wants to ensure that they can buy oil in any situation; today is the day of confidence for our buyers.”

Emphasizing that today is a very important day in the history of our country's energy history, the President stated: "Today, the Islamic Republic of Iran is able to build a thousand kilometers of pipeline in this project from Bushehr province and Goreh region to Hormuzgan and Jask is a very important achievement, which shows the capabilities of the Iranian nation, researchers and industrialists in the oil and energy sector.”

Iran petrochemical revenues to hit $25b

The Iranian President further underlined the inauguration of 17 new petrochemical projects by the end of the current Iranian calendar year to March 2021, saying once the projects become operational, Iran’s petrochemical export revenues would exceed 25 billion dollars from currently $12b.