Iraq intends to build 99 jetties in its Grand Faw Port to make it the largest container terminal in Western Asia, an official has said.
Zainab Al-Musawi, a member of the Iraqi Parliament’s oil and gas committee, said the plan is to construct six large piers for tankers and large vessels along with those smaller jetties that will handle mainly junk cargo.
She told the Iraqi Aliqtisad News website Tuesday that those piers would have a capacity to handle nearly 350,000 bpd of crude , adding that the plan also includes the construction of giant tanks with a storage capacity of 300,000 bpd.
“Faw Port will have 99 jetties and 6 large piers…this means it will be the largest container terminal in West Asia, surpassing Dubai’s Jebel Ali Port which has 67 jetties…this port will largely boost Iraq’s logistics industry,” she said.
South Korea’s Daewoo E&C is executing phase 1 of the Southern Faw Port under a $2.6 billion contract it won 3 years ago.
(Writing by Nadim Kawach; Editing by Anoop Menon)