Transport Minister: Construction Begins on Bandar Imam Oil Storage Tanks With a 2,380 Billion Toman Investment

Construction began Tuesday afternoon, September 1, 2026 (10 Shahrivar 1405), on an oil-products storage project at Bandar Imam Khomeini port, attended by Iran's Minister of Roads and Urban Development, the Khuzestan governor and provincial ports officials. Per ecoiran, citing Mehr News Agency, initial investment is estimated at 2,380 billion tomans, with 71,000 cubic meters of nominal tank capacity across 11 main tanks plus one safety tank: three dedicated mazut tanks (32,000 cubic meters), four dual-use mazut and light-product tanks (17,000 cubic meters), and four light-products tanks (21,000 cubic meters). The facility is expected to create 100 jobs and aims to boost the port's competitiveness and expand transit infrastructure for petroleum derivatives.