PEDC, in collaboration with the Qeshm Free Zone Organization, has being invested in the construction and operation of an oil jetty and terminal on Qeshm Island. The purpose is to create value through facilitate the import and export of feedstock and products from the existing Qeshm Heavy Crude Oil Refinery and the under-construction Qeshm Condensate Gas Refinery. Additionally, the project aims to provide sea water to the owned utilities plant by PEDC on Qeshm Island. As the sole private company authorized for this build-operate-transfer (BOT) venture, PEDC is responsible for the construction, operation, and ownership of the Oil Jetty located in the northern area of Qeshm Island.
The third berth of the Oil Jetty, with a capacity of 35,000 DWT, has already been completed and is currently operational for exporting products such as bitumen from the Qeshm Heavy Crude Oil Refinery. The construction of the first and second berths is in its final stages. These berths will have varying berthing capacities ranging from 7,000 to 70,000 DWT and will include dolphins and mooring systems.