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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

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    An economist explains the impact of the opening of the Iranian port of Jask on the port of Faw

    Rocky
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    • Post n°1

    An economist explains the impact of the opening of the Iranian port of Jask on the port of Faw Empty An economist explains the impact of the opening of the Iranian port of Jask on the port of Faw

    Post by Rocky Fri 31 Dec 2021, 6:22 am

    An economist explains the impact of the opening of the Iranian port of Jask on the port of Faw

    [ltr]2021.12.31 - 11:01[/ltr]


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    Baghdad - people  
    The economic expert, Nabil Al-Marsoumi, explained, on Friday, the extent of the impact of the Iranian port of Jask on the port of Al-Faw.  
      
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    Al-Marsawy said in a blog post, followed by “Nass” (December 31, 2021), that “Iran has opened its first oil port on the Gulf of Oman, which will allow it to dispense with the Strait of Hormuz as a shipping lane, and the new station is connected to a pipeline with a length of about a thousand kilometers. It extends from the Bushehr Governorate to the Jask port in the Hormuz Governorate, which would have allowed the tankers to shorten the days of their flights, and avoid the Gulf waters.  
    He continued, "The strategic Strait of Hormuz, which has repeatedly constituted a theater of tension with the United States, through which about a fifth of global oil exports pass, and was the main point for the export of Iranian oil at the Khark Island terminal in the Gulf."  
    He pointed out that "the completion of the project required two years, and its cost was estimated at two billion dollars."  
    And he indicated that "in contrast, the Grand Port of Al-Faw is not an oil port, but is dedicated to the import of non-oil goods and commodities. Therefore, the opening of the Jask port will not affect the Grand Port of Faw."  
      
    On Tuesday, the General Company for Ports of Iraq announced the launch of all financial allocations for the Great Port of Faw for the current year.  
    The company's general manager, Farhan Al-Fartousi, said in a statement received by "Nass" (December 28, 2021), that "this came as a result of the directives and follow-up of the Minister of Transport, Nasser Hussein Bandar Al-Shibli," stressing that "works in the port projects, which took place at the beginning of this year, are progressing at a good pace." very".    
    He added that "the five berths have a good transition with the entry of the excavators to the waterfront after there was a strengthening of the seabed and a comprehensive lifting of mines from the port basin."    
    He continued, "The will and love of the country impose on everyone to complete this project and bring it to safety, stressing the determination of the company's senior management to complete the project of the great port of Faw and all the projects attached to it."    
      
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