12 April 2013
Iraq has no plans to extend a pipeline to Egypt or other destinations, Nihad Moussa, director-general of the Iraqi State Company for Oil Projects, has said, according to Bloomberg.
Egypt's petroleum minister, Osama Kamal, had said last month that a $17 billion oil pipeline would be built between Egypt, Jordan and Iraq.
According to Beltone, Iraq and Jordan signed an agreement this week to build a pipeline to export Iraqi crude from Basra to Jordan's Red Sea port of Aqaba, and Iraq is slated to seek bids this week from selected companies to bid for the engineering, procurement, and construction of the pipeline from Basra to Haditha in Iraq.
Iraq, whose daily oil production has now reached three million barrels per day, agreed last month during prime minister Hisham Kandil's visit to Baghdad to sell four million barrels of oil to Egypt monthly starting this month.
Iraq has no plans to extend a pipeline to Egypt or other destinations, Nihad Moussa, director-general of the Iraqi State Company for Oil Projects, has said, according to Bloomberg.
Egypt's petroleum minister, Osama Kamal, had said last month that a $17 billion oil pipeline would be built between Egypt, Jordan and Iraq.
According to Beltone, Iraq and Jordan signed an agreement this week to build a pipeline to export Iraqi crude from Basra to Jordan's Red Sea port of Aqaba, and Iraq is slated to seek bids this week from selected companies to bid for the engineering, procurement, and construction of the pipeline from Basra to Haditha in Iraq.
Iraq, whose daily oil production has now reached three million barrels per day, agreed last month during prime minister Hisham Kandil's visit to Baghdad to sell four million barrels of oil to Egypt monthly starting this month.
© Al Ahram Weekly 2013
