Iran builds energy port on Persian Gulf for $350 million

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  • The Siraf Exports and Service Port is located in the southwestern province of Bushehr

  • Its operations are expected to create 200 permanent jobs in the region

Iran has lifted the curtains off a port on the coasts of the Persian Gulf that local reports said has been built at a cost of $350 million.

The country’s Oil Ministry built the port to reportedly expedite the export of petroleum products from the South Pars energy hub, which is shared between Iran and Qatar.

The Siraf Exports and Service Port is located in the southwestern province of Bushehr, and its operations are expected to create 200 permanent jobs in the region.

The port was inaugurated following an order by Iranian President Hassan Rouhani, said the local reports.

The port is said to have two wharfs dedicated to the export of liquefied petroleum gas and sulfur.

The products are expected to come directly from nearby refineries that run on natural gas pumped from the South Pars gas reserve.

Pipelines linking five South Pars refineries to Siraf would allow exports of 5,000 cubic meters per hour of cold LPG from the port, which the reports said was one of the deepest in the region.

Construction of the port began in 2014 by engineering energy company Khatam Headquarters.

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