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Invitation to the need for an oil pipeline through neighboring countries
Date: Thursday, 03.15.2012 9:45
Baghdad / follow-up range
called a member of the House of Representatives Mohammed Mchkta to the importance of moving towards opening more than one port export of oil, calling to exploit the presence of the leaders of Saudi Arabia and Jordan in the Baghdad summit of Arab Mphatanhm about the rehabilitation of the tube Iraqi Saudi or pipeline again across the Jordan. said Mchkta according to ( Agency news): You must use the presence of Arab leaders in Baghdad to restore Iraqi-Arab relations, noting as an opportunity to share common interests with each other,
Especially in the field of export oil that Iraq has the implementers of the export of oil, one through Turkey and the other across the Persian Gulf.
He Mchkta: The pipeline of new via Jordan takes time not a little, and perhaps up to the past as the need to extend the pipeline spaces long up to thousands of kilometers whether it extended to the Red Sea or the Mediterranean, stressing that the issue needs to speed as a result of developments in the region surrounding Iraq from political tensions and international economic sanctions, which can lead to the closure of the Strait of Hormuz, the Gulf or otherwise.
He pointed out the need to build strong relationships with Saudi Arabia to re-tube oil extended across it, which amount to the Red Sea, through the exploitation of their presence in the Baghdad summit to be hosted at the end of this month to Mphatanhm about that, or through diplomatic channels or through the Ministry of Foreign Affairs.
He explained: can not for any oil producer that based exports oil to a port or carrying out and that in anticipation of some of the obstacles which lead to the closure of one of the perpetrators, calling for multiple export outlets for Iraq, the fact that the general budget based entirely on revenues generated from oil, and the current year budget in deficit approximately the (15) billion dollars, Iraq is unable to pay the fiscal deficit without oil revenues.
It is noteworthy that the export capacity of oil, according to the Oil Ministry this year, more than two million, (600) thousand barrels of oil a day, and Iraq has the implementers of the export of oil at the moment they are in the South by Mara Basra, the Arabian Gulf and down to the Strait of Hormuz and the oil is exported through it about two million barrels of oil a day, while in the north port of Ceyhan, which has the capacity to export through it (650 to 700) thousand barrels per day.
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