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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

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    Iraq plans to extend a new pipeline to transport Kirkuk oil

    Rocky
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    • Post n°1

    Iraq plans to extend a new pipeline to transport Kirkuk oil Empty Iraq plans to extend a new pipeline to transport Kirkuk oil

    Post by Rocky Tue 26 Dec 2017, 1:40 am

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    Iraq plans to extend a new pipeline to transport Kirkuk oil


     Baghdad / Range 

    The Ministry of Oil called on international companies to invest through the implementation of a project to extend a new pipeline for oil exports from the fields of Kirkuk to the Turkish border, according to an official statement. The statement quoted the spokesman of the Ministry of Oil Assem Jihad, "The oil projects company called on local and international companies to participate in the implementation of a pipeline project for oil exports from the fields of Kirkuk to the Iraqi-Turkish border."
    He added that "the pipeline length of 350 km and diameter of 48 knots and more than one million barrels per day." 
    He explained that "the project is implemented in the form of investment, the investor company is spending on the project and then recover costs after the operation of the pipeline according to the time period agreed upon," without further details. He pointed out that the contract requires a coalition of companies that will win the implementation of the project with the participation of local companies by not less than 25 percent. 
    The Oil Ministry set the twenty-fourth of January 2018, a deadline for submission of tenders, according to the spokesman. 
    He pointed out that the pipeline will be along the old strategic pipeline used to transport oil to the Turkish port of Ceyhan, but was subjected to the bombing and sabotage and theft by members of the organization calling.
    On the other hand, the Ministry of Oil announced that the Chinese public company "Shenhua Oil" won a contract to develop an oil field east of Baghdad, which could reach production of forty thousand barrels per day within five years. 
    Under the contract, the Chinese company will have to set up a city where the workers in the field will be accommodated, with everything necessary including a nursery and a dispensary. The company is obliged to make the Iraqis half of its employees in the first stage and to increase this percentage to 80% later.



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