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CDB pledges $2.2 billion loan for Jask Oil Refinery Project (Linked to Record ID#66169)
| Funder | China Development Bank (CDB) |
|---|---|
| Recipient Organization | Government of Iran |
| Country | Iran |
| Start Date | Jan 01, 2017 |
| End Date | Jan 22, 2028 |
| Duration | 4,038 days |
| Number of Grantees | 1 |
| Roles | Recipient |
| Data Source | AidData Chinese Aid |
| Grant ID | 67608 |
Grant Description
CDB pledges $2.2 billion loan for Jask Oil Refinery Project In 2017, China Development Bank reportedly agreed to provide a $2.2 billion loan for the Jask Oil Refinery Project.
The purpose of this project is to construct a large oil refinery in the Port of Jask within Jask County and Hormozgan Province off the Sea of Oman.
The construction was undertaken by National Petrochemical Company (NPC), a subsidiary to the Iranian Petroleum Ministry. Construction began on or around January 30, 2019. However, it is unclear if the CDB loan was ever finalized. It was announced that the Jask Oil Terminal was functional on May 5, 2021.
Staff Comments
- This project is also known as the Jask Oil Export Terminal Project. The Persian project title is پالایشگاه جاسک.
- It is unclear if the CDB loan was ever finalized and officially committed-to; therefore, this project is status-coded as a pledge rather than a commitment or being in implementation for the time being.
Sources & References
- ارائه گزارش بانک مرکزی در خصوص توافقات تأمین مالی با چین در جلسه هیئت
- China’s Great Game in Iran, 12 طرح از هفت خان تأمین مالیخارجی/ 38 درصد فاینانسها بهنیمهراه رسید+جدول, پروژه شهرك صنعتي ايران –چين در جاسك هرمزگان مجوز زيست محيطي ندارد, دولت حامی و منتقدان عصبانی؛ از توافق ۲۵ ساله ایران و چین چه درز کرده؟
- Oil refinery, petrochemical plant construction begins on Iran's Jask port
- Iran starts constructing a petro-refinery complex on Oman Gulf coast - Tehran Times
- Iran to Build Refineries in Jask - Shana
- Iran Confident Jask Terminal On Track For 2021 Start _ ME, پس از قراردادهای نفتی؛ نشانه_ای دیگر از اعتماد جهانی - ایسنا, اخبار - جاسک هاب نفتی منطقه می شود
- Goreh-Jask Crude Oil Pipeline
- Jask Oil Terminal and Pipeline Project
- Jask Oil Terminal Iran's Gateway to Export Oil from Oman Sea Loan applications and disbursements are still being received and processed as the projects continue to evolve. Ongoing monitoring and evaluation are in place to ensure project continuity.
All Grantees
Government of Iran
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