Omar Sattar July 19, 2019
Iraq plans to diversify its oil exports via new pipelines through Jordan and Syria.
REUTERS/Essam Al-SudaniA general a view of the Rumaila oil field in Basra, Iraq, Nov. 28, 2017.
BAGHDAD — As Iraq exports most of its crude oil production, the Iraqi government is trying to diversify its oil export outlets in a bid to avoid any damage that could result from the tense security situation in the Gulf region.
Iraqi Prime Minister Adel Abdul Mahdi said in a press conference July 9 said that the government was considering export routes through Syrian and Jordanian territory, and added that Baghdad is “worried about the current events in the Strait of Hormuz and their potential impact on the Iraqi economy.”
Last month, Iraq's production of crude oil reached 3.52 million barrels per day exported through the port of Basra, situated on the Persian Gulf, and the pipeline extending from Kirkuk to the Turkish port of Ceyhan.
Iraq and Jordan agreed in February to activate the agreement to extend an oil pipeline with a capacity of 2 million barrels per day from Basra to the Jordanian port of Aqaba.
https://www.al-monitor.com/pulse/originals/2019/07/iraq-syria-jordan-pipeline-oil.html
Iraq plans to diversify its oil exports via new pipelines through Jordan and Syria.
REUTERS/Essam Al-SudaniA general a view of the Rumaila oil field in Basra, Iraq, Nov. 28, 2017.
BAGHDAD — As Iraq exports most of its crude oil production, the Iraqi government is trying to diversify its oil export outlets in a bid to avoid any damage that could result from the tense security situation in the Gulf region.
Iraqi Prime Minister Adel Abdul Mahdi said in a press conference July 9 said that the government was considering export routes through Syrian and Jordanian territory, and added that Baghdad is “worried about the current events in the Strait of Hormuz and their potential impact on the Iraqi economy.”
Last month, Iraq's production of crude oil reached 3.52 million barrels per day exported through the port of Basra, situated on the Persian Gulf, and the pipeline extending from Kirkuk to the Turkish port of Ceyhan.
Iraq and Jordan agreed in February to activate the agreement to extend an oil pipeline with a capacity of 2 million barrels per day from Basra to the Jordanian port of Aqaba.
https://www.al-monitor.com/pulse/originals/2019/07/iraq-syria-jordan-pipeline-oil.html