As a result, laden Iranian tankers will not need to go through the Strait of Hormuz.
Iran's oil minister, Bijan Zangeneh, reportedly said last week that the country is building the 1,000 km onshore pipeline from the Goreh oil terminal in southern Bushehr Province to a terminal to be built at Jask, located east of the Strait of Hormuz in the Gulf of Oman.
Zangeneh was quoted by the Iranian oil ministry's news agency as saying that $700 mill out of a $1.8 bill budget will be earmarked for developing Jask.
He said that the pipeline project would "transform the region, as various oil storage facilities, export jetties, wave breakers and single buoy mooring systems would be built in Jask."
Two refineries are also planned, with daily refining capacities of 300,000 and 150,000 barrels each, as well as petrochemicals facilities in the area.
In September, 2018, President Rouhani announced that Iran would shift "a major part" of its exports to Jask from the Kharg Island terminal, located in the north of the Gulf.
Jask is expected to start exporting gas condensate from the South Pars field in 2020, while oil exports are projected to begin by early 2021.