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Iraqi Oil Ministry announced the intention to extend an oil pipeline through Jordan in a bid to increase exports through neighboring countries, Xinhuanet ...  Join our daily free Newsletter

MENAFN - 23/07/2004
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(MENAFN) Iraqi Oil Ministry announced the intention to extend an oil pipeline through Jordan in a bid to increase exports through neighboring countries, Xinhuanet News Agency reported.

An official at the ministry said that this project comes as part of the ministry's plan to consolidate the cooperation with the Arab countries in the oil sector, and especially the neighboring countries in a way that serves the Arab countries and enhances the Iraqi exporting abilities.

The official added that the multiplicity of the Iraqi oil exporting outlets comes within the future plan of the ministry to increase the volume of its exports to reach 5.3 million barrels per day (bpd) by the end of this year.

Iraq exports oil mainly by a northern pipeline through Turkey and a southern pipeline through Basra, 550 km south of Baghdad.

 




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