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Oil: the threat of Iran close the Strait of Hormuz is illegal and Sadharna and the international community will not tolerate
Tuesday, 31 December / 2 January 2012 18:19
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Section: Miscellaneous Iraqi -
Iraqi
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Confirmed that the Iraqi Oil Ministry, Tuesday, that the international community will not tolerate any Iranian attempt to close the Strait of Hormuz, as pointed out that Iraq is seeking to find new export outlets indicating that all oil exports from the southern fields will stop if closing the Strait.
The Director General of the Department contracts and licensing of oil in the Ministry Abdul-Mahdi al-Amidi said in an interview for "Alsumaria News", "if Iran carried out its threats to close the Strait of Hormuz, the command is against the law and international legitimacy as a waterway world is not entitled to any party to close," asserting that " closure of the Straits will affect oil exports to the Gulf countries and Iraq's oil exports from the southern region. "
Amidi said that "the major countries including the United States will not allow closure of the strait leading to the work of a large military in the region," adding "We hope to solve this problem in a friendly, peaceful and with no effect on the export of crude oil from the region."
The Amidi, that "all Iraqi oil exports from the oil fields south will stop in the event of closure of the Straits, and Iraq remains dependent on oil exports from Kirkuk and the quantity is estimated at 600 thousand barrels per day," pointing out that "Iraq has no solutions timely and quick to resolve the problem."
The new Amidi, "the ministry sought to find new export outlets through a pipeline to export oil from Basra towards the Syrian port of Banias, which will be funded by the investing companies and banks."
The Director of Contracts and Licensing oil Abdul Mahdi al-Amidi, the tenth of December of 2011 for the determination of the ministry create a tube length of 1800 km for the transport of Iraqi oil from Basra to the Syrian port of Banias, with a capacity 2.5 million barrels per day, adding that the project will be presented to investment companies or banks for implementation .
Iran has threatened to close the Strait of Hormuz, which issued some 30% of the oil through it, after the escalation of the dispute, including between the United States of America, and Central maneuvers and Iranian threats to close the Straits of San Iranian Vice President Mohammad Reza Rahimi close the strait if the imposed economic sanctions.
And the Strait of Hormuz is one of the most important waterways in the world and the most movement of ships and is located in the Persian Gulf watershed between the waters of Persian Gulf on one side and the Gulf of Oman and the Arabian Sea and Indian Ocean on the other hand, it is the only sea port of Iraq, Kuwait, Bahrain, Qatar, overlooking it from the north of Iran Province Bandar Abbas, on the south by the Sultanate of Oman Musandam Governorate, which oversees the maritime traffic which, as the passage of ships comes within its territorial waters and width 50 km and a depth of 60 meters, and is a conduit between a third and 40% of the oil transported by sea in the world.
Iraq seeks through the development of oil fields in the two rounds of licensing the first and second, to reach a production of at least 11 million barrels per day within the next six years, and 12 million barrels per day after the addition of the quantities of the other fields of national effort, and offered to the oil ministry three gas fields to foreign investment which fields Mansourieh Saybah and crutch, what would be the companies that will develop the oil fields are obliged to prevent burning of any quantity of gas associated with oil, as would be required to build facilities for the manufacture of associated gas, and handed over to Iraq without charge.
Identified Iraq's share of three million and 800 thousand barrels per day, but it does not currently exported only 2,000,165 barrels a day, and is determined share of the export agreement between the States and the Organization of Petroleum Exporting Countries, and depending on certain criteria the most important reserves of each country, and calls for Iraq to increase its stake depending on what he says is " discoveries of new oil "has.
Indeed, Iraq is exporting crude oil from the ports of Basra and Khor al-Amaya on the Persian Gulf, as well as the Turkish port of Ceyhan on the Mediterranean, to be exported by truck by truck to Jordan, and the percentage of Iraqi exports from the Basra oil 90%, while the remaining issue of Kirkuk's oil, Iraq currently produces approximately 2.00085 million barrels of crude oil per day, and emits approximately 2.0002 million barrels a day.
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