Iran on Thursday (22/7) started exporting crude oil through the Gulf of Oman for the first time, and not through the strategic Strait of Hormuz.
In a ceremony marking the inauguration of the project, President Hassan Rouhani called the plan “the most strategic.”
Iranian state media described the move as an indication that US sanctions were being defeated.
Washington imposed several sanctions on Tehran after former President Donald Trump pulled the US out of the nuclear deal between Iran and world powers.
The project, which began in 2019, is estimated to cost around $2 billion, helping Iran reduce its dependence on its main oil export terminal on the Persian Gulf island of Kharg.
The shortcut also reduces transportation and insurance costs for oil tankers.
The facility currently allows the pumping of about 30,000 barrels of crude oil per hour to tankers, via floating offshore docks. The pier is located about seven kilometers (4.7 miles) offshore. [mg/jm]