Iraq is at the top of the list of Arab countries that most developed oil pipelines

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Economy News - Baghdad
[rtl]The list of the most developed Arab countries for oil pipelines shows that the region has projects that place it at the forefront of the ongoing global expansion of crude transportation lines aimed at enhancing exports or meeting local demand.[/rtl]
[rtl]The length of oil transportation pipeline projects under construction globally until May 2024 reaches 11 thousand kilometers, while the size of the proposed oil pipelines reaches 22.7 thousand kilometers.[/rtl]
[rtl]The Arabian Gulf is among the most important regions witnessing oil pipeline construction projects globally, in light of the leadership role it plays in the global market and its possession of huge crude reserves.[/rtl]
[rtl]The Energy Research Unit monitors a list that includes the most developed Arab countries for oil pipelines, which comes with many of them implementing exploratory projects to increase their production of crude to maintain their international presence and increase the country’s resources.[/rtl]

[rtl]Iraq[/rtl]

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[rtl]With its topping the list globally, Iraq comes at the top of the list of Arab countries that have most developed oil pipelines, according to data issued by the specialized Global Energy Monitor platform.[/rtl]
[rtl]Oil pipeline projects - proposed and under construction - reach 3.83 thousand kilometers, divided between 75 kilometers under construction and 3.756 thousand kilometers proposed.[/rtl]
[rtl]The Iraqi Ministry of Oil is planning to implement a third sea pipeline project to export Iraqi crude from the Al-Faw warehouses of the Basra Oil Company to the Al-Faw oil port with a capacity of up to two million barrels per day, according to statements reported by local media from the Director General of the Basra Oil Company, Bassem Al-Shamkhani.[/rtl]
[rtl]The marine export pipeline project, with an investment cost of $416.9 million, is scheduled to be implemented during the years 2024 and 2025, and will be implemented by the Dutch company Royal Boskalis.[/rtl]
[rtl]This comes as the country implements plans to increase its oil production to 8 million barrels per day by 2027, contributing to Iraq topping the list of the most developed Arab countries for oil pipelines.[/rtl]
[rtl]It is noteworthy that Iraq has about 15 lines for transporting oil, with a length of 2.09 thousand miles, and 10 lines with a length of 1.53 thousand miles for transporting petroleum derivatives, according to data issued by the Organization of Arab Petroleum Exporting Countries (OAPEC).[/rtl]
[rtl]* (mile = 1.6 kilometers).[/rtl]
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[rtl]Syria[/rtl]

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[rtl]Although Syria is not one of the major oil producing and exporting countries, it is on the list of Arab countries that have developed the most oil pipelines, and fifth in the world.[/rtl]
[rtl]The length of the oil pipelines that Syria seeks to develop is 2.14 thousand kilometers, but they are all still proposed and have not moved to the implementation stage yet.[/rtl]
[rtl]Oil production in Syria decreased to 15,000 barrels per day in 2023, compared to 385,000 barrels per day in 2011, according to statements issued in December by the Minister of Oil and Mineral Resources, Firas Qaddour.[/rtl]
[rtl]The ongoing war in Syria and the tensions it has been experiencing since 2011 have greatly affected the energy sector, as the country confirms that international companies in the field of exploration and drilling have completely stopped working, amid the refusal of international institutions to provide any funding.[/rtl]
[rtl]Syria has 9 lines for transporting crude oil, with a length of 1,876 miles, and 7 lines with a length of 611 miles for transporting petroleum derivatives, according to OAPEC figures.[/rtl]
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[rtl]Jordan[/rtl]

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[rtl]Jordan came on the list of the most developed Arab countries for oil pipelines with a length of up to 557 kilometers, but they are in the proposed projects stage.[/rtl]
[rtl]Among the proposed pipelines is the agreement signed between Iraq and Jordan to extend a pipeline to transport Iraqi crude oil from Basra to the export ports in the port of Aqaba, located on the Red Sea coast, at an investment cost of up to 18 billion dollars.[/rtl]
[rtl]The Iraqi oil pipeline is scheduled to extend from the city of Najaf and along the Saudi border to Aqaba, with the aim of transporting about one million barrels of oil to cover Jordan's needs for Iraqi crude and transporting the remaining quantities from Aqaba by ship to Egypt and other countries.[/rtl]
[rtl]Jordan relies on imports to meet its oil needs, with the country recently offering 11 crude oil exploration areas to international companies to search for oil with the aim of increasing crude production and reducing the import bill.[/rtl]
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[rtl]Sultanate of Oman[/rtl]

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[rtl]The Sultanate of Oman is on the list of the most developed Arab countries for oil pipelines, and ranked 20th globally with a project size of up to 440 kilometres, but they are still proposed projects.[/rtl]
[rtl]The Sultanate of Oman aims to increase its oil production to 700,000 barrels per day before the year 2030, while transforming it into a global oil storage center, which is represented by the Ras Markaz station, which includes the implementation of pipelines.[/rtl]
[rtl]It is noteworthy that the storage capacity of the Ras Markaz station, located in the Duqm Special Economic Zone, reaches 200 million barrels, with the capacity in the first phase reaching 25 million barrels of oil.[/rtl]
[rtl]The first phase of the station includes the construction of tanks with an estimated capacity of 6 million barrels, the establishment of floating platforms for importing and exporting oil, and 7-kilometre-long undersea pipelines, and 3.5 kilometers on land, to receive and export oil.[/rtl]
[rtl]In August 2022, the Omani Ministry of Energy and Minerals signed an agreement with the Oman Tank Company (OTCO) that includes developing, building and operating a new pipeline to transport, store and export Omani crude oil from the Ras Markaz crude oil terminal in the Special Economic Zone in Duqm.[/rtl]
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[rtl]Libya[/rtl]

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[rtl]Libya came on the list of Arab countries with the most developed oil pipelines, with approximately 169 km, divided between 100 km of under-construction lines and 69 km of proposed lines.[/rtl]
[rtl]On May 18, 2024, Libya succeeded in operating the main oil line for the North Hamada field, which will transport the field’s production to the port of Mellitah via the El Feel field line.[/rtl]
[rtl]According to data from the National Oil Corporation, the line began to be gradually filled at a rate of 2,000 barrels per day until reaching 25,000 barrels per day, after which pumping began towards the Mellitah complex.[/rtl]
[rtl]According to OAPEC, Libya has about 31 lines to transport crude oil, with a length of 3.48 thousand miles, and 5 lines with a length of 185 miles to transport oil derivatives.[/rtl]
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[rtl]Saudi Arabia[/rtl]

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[rtl]Saudi Arabia came on the list of the most developed Arab countries for oil pipelines with a size of up to 86 kilometers, according to figures issued by the Global Energy Monitor.[/rtl]
[rtl]The Kingdom is the Arab country with the most crude oil pipelines by the end of 2022, with a number of 36 lines, 3.14 thousand miles long, and with a diameter between 10 and 56 inches.[/rtl]
[rtl]In the same context, Saudi Arabia has 7 lines to transport oil derivatives, and 24 lines to transport natural gas, according to the statistical report issued by the Organization of Arab Petroleum Exporting Countries (OAPEC).[/rtl][/size]

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Added 06/17/2024 - 10:30 AM
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