Among the options being considered by Iraqi lawmakers to reduce dependence on the Strait of Hormuz, is the reopening an oil pipeline to Saudi Arabia that’s been closed since the Gulf War in the 1990s.
Currently, most of Iraq’s oil exports are shipped by tanker from Basra through the Strait of Hormuz, but Iran has threatened the strait in response to economic pressure from the West.
The Radio Free Europe/Radio Liberty’s bureau in Iraq reports that a committee in the Iraqi Parliament has called for talks to re-open an oil pipeline to Saudi Arabia that was shut down after Iraq invaded Kuwait in 1990.
The 626 km pipeline, built in 1986 by Mitsubishi of Japan and OTF of Hungary, has capacity to export nearly 1.5 million barrels per day to the Saudi port of Yanbu on the Red Sea.
(Sources: RFE/RL, AKnews, UPI)