Home
Government puts alternatives to the Strait of Hormuz
On: Friday 2/17/2012 7:10
Baghdad / term
government decided to develop alternatives to the Strait of Hormuz to transport crude oil to customers around the world, after increasing tensions in the region and Iran's threats to close the strait that was imposed sanctions on its oil exports.
The Minister of Planning Ali Shukri, according to (Rn) that the government decided to find alternatives (for the Strait of Hormuz), most importantly promote action tanker oil through Jordan and Turkey and expanding the capacity of the tube carrier oil from Kirkuk to the Turkish port of Ceyhan referring to inform Iran the seriousness of the closure of Hormuz on Iraq and harms economic large on the economic structure. Has absorbed the seriousness of doing such a thing. "
He said thanks to the Ministry of Planning is working on a strategy with the Ministry of Oil to prevent any damage to the country's exports of oil from an attempt by Iran to close the Strait of Hormuz. "
Iraq is the most prominent losers from closing the Strait as it passes about 1.7 million barrels per day of crude oil from the country of Hormuz of the total 2.2 million barrels the country exported a day, but the government says it has alternative plans.
The company State Oil Marketing "Sumo" had said weeks ago that the country did not plan to find alternatives to the Strait of Hormuz in the Persian Gulf for the transfer of oil to customers around the world that proceeded Iran to implement its threat to close the strait.
and agreed EU countries last month to ban gradually Iranian oil, and the imposition of sanctions on the Bank of Tehran Central cut off funding for its nuclear program, a move that threatened Iran close the Strait of Hormuz Dynamic response if it has taken.
and increased tensions over the Strait of Hormuz, a major shipping lane for oil in the world.
used Saudi Arabia, Kuwait, Iran, Iraq and United Arab Emirates Strait of Hormuz in the transfer of oil to customers around the world.
[You must be registered and logged in to see this link.]
