The first phase of the game-changing, and sanctions skirting Goreh-Jask oil pipeline project will come on stream by the end of the current Iranian calendar year.
With sanctions on Iran still in place following the US’s unilateral withdrawal from the Joint Comprehensive Plan of Action (JCPOA) in May 2018, Tehran has been relying on the tried-and-tested sanctions-busting measures to continue to export increasing volumes of crude oil, as exclusively revealed by OilPrice.com in August. These measures include the re-labelling of Iranian oil into Iraqi oil on the border and at the shared oil reservoirs of the two allies, the use of international brokers to hide Iranian oil movements under the guise of other clients, ship-to-ship transfers of Iranian oil in the territorial waters of Malaysia, Indonesia, and China, and the amalgamation of Iranian oil in Iraq’s oil pipeline export routes.
Continue reading https://on.rt.com/askd