Akbar Sefai, head of the Organization for Ports and Sailing of the Hormozgan Province, said that a contract was signed to construct an oil terminal at the Halije Fars Port in the Bandar Abbas District, Iran News reports.
It will be built in two years. The terminal will have a capacity of 40 million tons of oil annually.
33 oil storages will be built to hold 500,000 cubic meters.