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Iraq puts alternatives to the Strait of Hormuz, the export of crude oil

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parothead

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Iraq puts alternatives to the Strait of Hormuz, the export o
by admin » Thu Feb 16, 2012 12:20 pm

Iraq puts alternatives to the Strait of Hormuz, the export of crude oil
16/02/2012 10:10



Baghdad, February 16 (Rn) - The Iraqi government announced on Thursday it had 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. states agreed The European Union last month to ban gradually Iranian oil, and the imposition of sanctions on a bank Tehran Central cut off funding for its nuclear program, a move that threatened Iran close the Strait of Hormuz vital a response if taken. and Iraq is the most prominent losers from closing the Straits as passes about 1.7 million barrels per day of crude oil from the country of Hormuz of the total 2.2 million barrels Iraq is exported daily, but the government says it has alternative plans. A member of the Economic Committee of Ministers and Minister of Planning Ali Shukri, told the Kurdish news agency (Rn) that "Iraq has decided to find alternatives (for the Strait of Hormuz ) the most important of promoting action tanker oil through Jordan and Turkey and expanding the capacity of the tube carrier oil from Kirkuk to the Turkish port of Ceyhan. " and added, "We told Iran the seriousness of the closure of Hormuz on Iraq and harms the economic big economic structure. has absorbed the seriousness of doing such a thing." The thanks to that "the Ministry of Planning is working on a strategy with the Ministry of Oil to prevent any damage to Iraq's oil exports from the attempt by Iran to close the Strait of Hormuz." The Iraqi oil marketing company-governmental organizations "Sumo" had said weeks ago that Iraq did not plan to find alternatives to the Strait of of Hormuz in the Persian Gulf to transport its oil to customers around the world that proceeded Iran to implement its threat to close the strait. and increased tensions over the Strait of Hormuz, a major shipping lane for oil in the world in the past few weeks after Iran threatened to close it if the West to impose sanctions on its oil exports. used Saudi Arabia, Kuwait, Iran, Iraq and United Arab Emirates Strait of Hormuz in the transfer of oil to customers around the world. From: Jafar Allonan. Open: Abdullah Sabri

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