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IF APPROVED, THE OFFSHORE PIPELINES PROJECT WILL RAISE THE OIL EXPORT CAPACITY TO 6 MILLION BARRELS
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IF APPROVED, THE OFFSHORE PIPELINES PROJECT WILL RAISE THE OIL EXPORT CAPACITY TO 6 MILLION BARRELS
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[You must be registered and logged in to see this link.]23 minutes ago24Today, Sunday, the Basra Oil Company confirmed that if the offshore pipeline project is approved in the budget, it will raise the export capacity to 6 million barrels per day.
The Assistant General Manager for Plans and Budgets in the company, Ahmed Fadel Dehim, said in a statement to the official agency and followed by the news agency, that "the marine export pipelines project is one of the strategic projects at the level of the region to escalate the export capacity of crude oil in the southern ports from 3.5 million to 6 million." millions in 2026.
He explained, "The project will include laying two marine pipelines with a capacity of 48 inches, and rehabilitating the ports of Basra and Al-Amaya, in addition to building a marine platform for the requirements of flexibility in the export of types of oil and the work of measuring devices."
He added, "The company is now in the process of preparing and preparing offers for major international companies," stressing that "the company is awaiting approval of the project in the budget, and the expected value of the project is approximately one billion dollars."
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The Assistant General Manager for Plans and Budgets in the company, Ahmed Fadel Dehim, said in a statement to the official agency and followed by the news agency, that "the marine export pipelines project is one of the strategic projects at the level of the region to escalate the export capacity of crude oil in the southern ports from 3.5 million to 6 million." millions in 2026.
He explained, "The project will include laying two marine pipelines with a capacity of 48 inches, and rehabilitating the ports of Basra and Al-Amaya, in addition to building a marine platform for the requirements of flexibility in the export of types of oil and the work of measuring devices."
He added, "The company is now in the process of preparing and preparing offers for major international companies," stressing that "the company is awaiting approval of the project in the budget, and the expected value of the project is approximately one billion dollars."
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