HomeOil to bid for new pipeline to export Kirkuk crude Economy News Baghdad: Oil Minister Jabbar al-Allaibi said on Wednesday that Iraq plans to tender within a week to build a new pipeline for the export of Kirkuk crude. Last month, the Iraqi central government seized control of Kirkuk from the grip of Iraq's semi-autonomous Kurdistan region. The production of about 300,000 barrels per day has since stalled amid a dispute between Baghdad and Erbil over export routes. The Kurdistan region built another pipeline to export Kirkuk to the Turkish port of Ceyhan overlooking the Mediterranean Sea after the damage inflicted by the fighters of the Daqsh pipeline Kirkuk old pipeline of the federal government. The oil minister told reporters in Vienna that the new pipeline would be able to transport 300,000 barrels per day. He added that the current production of Kirkuk, which amounts to about 80 thousand barrels per day trucking to power plants and local refineries. Al-Allaibi said that Iraq is in the process of opening a dialogue with Russia's state-run Rosneft, one of the most active investors in Kurdistan. [You must be registered and logged in to see this link.] |
Oil to bid for new pipeline to export Kirkuk crude
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