Baghdad – INA – Nassar Al-Hajj
Officers and specialists within the oil file unanimously agreed on the significance of discovering new export retailers for Iraqi oil as a result of they’re at the moment restricted to the ports of Basra, stating that the thought of the Basra Pipeline Challenge – Haditha – is just not new at present and dates again to 1983, and the federal government has renewed its efforts to revive it as a part of its effort to implement strategic tasks, together with oil. Particularly because the area is witnessing fixed fluctuations.
They identified that the implementation of this challenge will contribute to growing Iraq’s export capabilities, particularly because the ports of Basra have reached their most capability and new retailers are essential to ship Iraqi oil to Europe and the North American continent.
Director Common of the Oil Tasks Firm, Ali Ward Hamoud, informed the (INA): “The Basra Haditha oil pipeline challenge is taken into account probably the most vital strategic tasks for the motion of oil in Iraq, and it strengthens the financial system by enabling the nation to export oil via new ports.”
He added, “All oil produced from the southern fields is exported via our ports and loading factors overlooking the Gulf, which is the export outlet for almost all of Iraqi oil at the moment. And with the existence of geopolitical challenges within the area, the Ministry of Oil has taken it upon itself to diversify export retailers, as over the previous decade it has ready a research of the system.” Northern Export seeks the help of crucial worldwide consulting firms and develops applicable plans to develop new export retailers to serve the growth of oil manufacturing within the nation via the licensing rounds proposed by the Ministry.”
He continued, “The Basra Haditha pipeline falls inside this pattern. The dimensions of the pipeline is 56 knots and has a capability that ensures the export of two million and 250 thousand barrels per day. It is going to be manufactured by Iraqi palms, and the majority of will probably be manufactured inside Iraqi factories by the Iron and Metal Firm affiliated with the Ministry of Trade. It offers new export retailers for oil.” Iraq to European and North American international locations consistent with the event highway challenge and the federal government’s endeavor to make it a world vitality hall along with its position in transporting items between the East and the West.”
He acknowledged that “the pipeline will assist growing the nation’s manufacturing capability via the contracts signed inside the licensing rounds, together with the brand new ones, which can guarantee elevated manufacturing. The challenge will present extra portions of gasoline for big tasks within the nation and portions that can contribute to protecting the native want for gasoline, fuel oil, and kerosene.”
Oil and vitality security specialist Sabah Alo stated in his interview with the (INA) that “the thought of the Basra – Haditha pipeline challenge dates again to the 12 months 1983 and it was not born of the second, and former governments successively declared their want to implement it, however the subject was delayed a number of instances.”
He added, “It was included within the 2024 funds and an quantity of $4.9 billion was allotted to it in preparation for finishing the challenge. This may give Iraq nice potential to diversify its oil export retailers, particularly with its endeavor to extend manufacturing to eight million barrels.”
Worldwide relations researcher Saadoun Al-Saadi stated in his interview with the (INA): “The Basra-Haditha pipeline challenge is just not new at present and was talked about a number of years in the past, and now the federal government has taken motion as a result of it has taken upon itself the implementation of strategic tasks and it has been positioned inside the present 12 months’s funds.”
He added, “The significance of the challenge is that it’s going to cut back strain on the ports of Basra and open new horizons for growing Iraq’s export capability by exporting a million barrels per day. A portion of the oil will even be allotted for refining, and this is a vital addition to its financial feasibility.”
He continued, “The implementation of this challenge will finish the issue of unilateral ports, as Iraq at the moment exports oil solely via the ports of Basra with the cessation of the Kirkuk-Ceyhan line, and the area is witnessing steady fluctuations that require Iraq to seek out new export retailers. Due to this fact, the implementation of the Basra-Haditha line has turn out to be an especially pressing necessity.”
Tutorial and oil skilled Kovind Sherwani stated in his interview with the (INA): “Discovering new export retailers for Iraq is critical to alleviate strain on the ports of Basra, which have reached their most export capability, and new retailers have to be created to accommodate future Iraqi export capabilities.”
He added, “The Basra-Haditha oil pipeline challenge falls inside the framework of this endeavor and might be applied in two phases, the primary from Basra to Haditha and the second from Haditha to the port of Aqaba within the Mediterranean, which can present a brand new export outlet for Iraq.”
He continued, “We additionally consider that it’s essential to revive the Kirkuk-Ceyhan line, which used to move as much as 400,000 barrels per day, along with the funding chance in transporting Nineveh and Salah al-Din oil, with a capability that would attain a million barrels per day, which offers vital export retailers for Iraq.” “.