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The desire to revive the Iraqi crude export line across Saudi Arabia (post for oogie & bubbies)

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dealerdean


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Jeweler: oil production will rise successively starting next year
BAGHDAD - Farah pumice
raised placed revive pipeline export of Iraqi oil attention of experts and interested parties to the casts of momentum in enhancing revenue budget of the country, as well as being a substitute optimal emergency and represented the desire Iraqi severe in this direction.
has received an invitation Prime Minister to re bilateral relations between Iraq and Saudi Arabia echoes wide by economists, being rekindled the idea of activating the pipeline through its territory.
about the importance of this convergence in the economic fields, said consultant in the development and investment Amer Issa jeweler in his speech for the (morning): "When Free line exporting oil via Saudi Arabia in the eighties of the last century was a necessity, a maneuver in the possibilities of export regardless of the circumstances, as well as increase export capacity, a king of Iraq completely. "
The prime minister has been renewed in a television interview last week, "Iraq sought to create good relations with all countries, "noting that Baghdad does not find interest in relationships is good with any country, as Maliki announced his readiness to receive any envoy to Saudi or that the he personally visited in order to end the dispute between the two countries.
stressed jeweler on the need to protect the economic relations by international conventions and are not affected diplomatic relations along the lines of water with Turkey, especially that Iraq is in need for this pipeline to increase its energy exports. felt that the process of export and ports of export need to oil policy and provide the right atmosphere for stakeholders in this area to follow to satisfy customers world, and this has important and the impact of two major on this sector, noting that this line is a necessity and should be rehabilitated, especially given that the country is increasing its productivity, as well as its intention to increase its export of crude oil.
indicated that the tube of the Iraqi oil - Saudi extends to about 626 kilometers and transports Iraqi oil to the ports of Yanbu Saudi Arabia, established by the two companies Japan's Mitsubishi F T F Hungarian 1986.
said the jeweler that this is reflected in increasing the flexibility of Iraqi export, as it will be closer to the world markets direction Western Hemisphere, similar to the port of Ceyhan and faster access to the harbor deep in FAO, saying that regardless of the new fields there are many investment contracts of oil under development in several areas of Iraq, on the grounds that Iraq one block and oil production brings in the basin and one exported from anywhere wants it. also noted that oil production will rise successively, starting From next year, especially the presence of many of the oil contracts that are still under development, because there is an acceleration in the increase of oil production, calling for activating this line is vital for export crude through Saudi Arabia, which will provide flexibility export, instead of building a pipeline across Jordan. turn , said the President of the advisers in the Council of Ministers Thamer Ghadhban that pipeline export oil via Saudi Arabia cost Iraq more than two billion dollars.
said Anger in a press statement: "The pipeline export oil that was created in the eighties of the last century has funded by Iraq fully and 100 percent, "explaining that the cost of establishment of the pipeline, which consists of seven pumping stations and a large warehouse and export port in the north of Yanbu, amounted to two billion dollars

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