Iran Installs New System to Sell Crude in Sea of Oman

Iran Installs New System to Sell Crude in Sea of Oman
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Iran Installs New System to Sell Crude in Sea of Oman

Iran Installs New System to Sell Crude in Sea of Oman

Iran has launched a project to transfer its crude away from the Arabian Gulf in an effort to circumvent US sanctions and warnings to countries that purchase Iranian oil.

With the installation of an offshore structure at a distance of approximately six kilometers from Makran coast, the early phase of the project will go operational, according to PressTV.

Jask terminal is under construction by Pars Oil and Gas Company on 60 hectares of land and with nearly €260 million of investment.

The Single Point Mooring (SPM) system and its accessories, including floating and submersible hoses, weigh nearly 800 tons. It will be installed and fixed to the seafloor at a depth of 48 meters.

The 1,000-kilometer pipeline from Bushehr will soon be linked to Jask terminal and then via the underwater pipes it will reach the SPM to load tankers with crude. Jask will soon become Iran’s second-largest oil export terminal after the Kharg Island terminal.

The Kharg Island in the Arabian Gulf is Iran’s main terminal to export crude oil. To reach Kharg, tankers must pass through the Strait of Hormuz.

With the new project, the country’s oil exports will not be linked to the Strait of Hormuz and tankers can load in the Sea of Oman.



G7 Statement will Not Mention ICC Warrant for Netanyahu

Protesters wave an Israeli flag and hold placards as they stand behind a banner reading, "Crime Minister" and demonstrate against Israeli Prime Minister Benjamin Netanyahu just before his corruption trial opens, outside his residence in Jerusalem May 24, 2020. The placard in Hebrew reads, " Indictment: favorable coverage = lying to the public" REUTERS/Amir Cohen/File Photo
Protesters wave an Israeli flag and hold placards as they stand behind a banner reading, "Crime Minister" and demonstrate against Israeli Prime Minister Benjamin Netanyahu just before his corruption trial opens, outside his residence in Jerusalem May 24, 2020. The placard in Hebrew reads, " Indictment: favorable coverage = lying to the public" REUTERS/Amir Cohen/File Photo
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G7 Statement will Not Mention ICC Warrant for Netanyahu

Protesters wave an Israeli flag and hold placards as they stand behind a banner reading, "Crime Minister" and demonstrate against Israeli Prime Minister Benjamin Netanyahu just before his corruption trial opens, outside his residence in Jerusalem May 24, 2020. The placard in Hebrew reads, " Indictment: favorable coverage = lying to the public" REUTERS/Amir Cohen/File Photo
Protesters wave an Israeli flag and hold placards as they stand behind a banner reading, "Crime Minister" and demonstrate against Israeli Prime Minister Benjamin Netanyahu just before his corruption trial opens, outside his residence in Jerusalem May 24, 2020. The placard in Hebrew reads, " Indictment: favorable coverage = lying to the public" REUTERS/Amir Cohen/File Photo

A joint statement of Group of Seven foreign ministers is set to avoid mentioning the International Criminal Court's (ICC) arrest warrant for Israeli Prime Minister Benjamin Netanyahu, despite an effort by the Italian hosts to find a common position on it.

Italy, which currently chairs the G7, said on Monday it wanted to try to forge a common position about the ICC arrest warrant at a two-day meeting it hosted in the spa town of Fiuggi and which ended on Tuesday.

A draft of the final statement due to emerge from the discussions, reviewed by Reuters, did not directly name the ICC and its decisions.

"In exercising its right to defend itself, Israel must fully comply with its obligations under international law in all circumstances, including International Humanitarian Law," it said.

"We reiterate our commitment to International Humanitarian Law and will comply with our respective obligations," the statement added, stressing "that there can be no equivalence between the terrorist group Hamas and the State of Israel".

Last week, the ICC issued arrest warrants for Netanyahu and his former defence chief Yoav Gallant, as well as a Hamas leader, Ibrahim Al-Masri, for alleged war crimes and crimes against humanity in the Gaza conflict.

The move was strongly criticized by the United States but other states including Britain and Italy did not rule out that they could make an arrest if Netanyahu visited their countries.

Israel condemned the ICC decision as shameful and absurd. Hamas praised it as a step towards justice.