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Economy News - Baghdad
On Thursday, the Basra Oil Company announced its move to sign a contract to replace the export pipeline through the port of Al-Amaya.
The assistant general manager for production affairs and national effort in the company, Basem Al-Ghalbi, told the official news agency, “The old sea pipelines, Sealine 1 and Sealine 2, were established in 1970, with a size of 48 inches, and are now under the risk of damage that leads to loss of production and export, as well as the loss of The value of production by foreign companies in the event of the inability to export oil, as well as pollution of sea water in the event of damage to the pipes, so there is an urgent need to replace these two pipes.
He pointed out, "There is a group of Export pipe line 1 and Line 2 Export pipe of 48 inches, which are for transporting crude oil exclusively from Al-Faw to the unilateral export platforms 1, 2, 3 and 5, and they are in very excellent condition."
He explained, "The export pipeline through the port of Al-Amaya, which was established in 1970 and has a size of 42 inches, is currently damaged, and therefore there is a plan to replace it through the port of Al-Amaya," stressing that "the contract is currently in the process of being signed."
He stressed, "There is a plan to install new sea lines 4 Sealine and 5 Sealine as an alternative to the old lines, under the supervision of the Italian company Eni, operator of the Zubair oil field."
Added 12/29/2022 - 4:38 PM
Updated 12/30/2022 - 12:02 PM
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