By John Lee.
Fouad Hussein, a member of the Kirkuk provincial council’s oil and gas committee, has told Bloomberg that Iraq will double shipments of Kirkuk crude “in the coming few weeks” from about 150,000 bpd currently to 300,000 bpd.
To achieve this, he said that it will be necessary to install a new pipeline network to connect oil fields in Kirkuk and link them to the Kurdish region’s export pipeline to Turkey.
But giving a very different schedule, he told the Anadolu Agency:
“The existing pipelines are old and can deliver only 175,000 barrels of oil daily. Thus, the construction of a new pipeline between the Kirkuk and Kurdish region began and is expected to be complete in June.”
(Source: Bloomberg, Anadolu Agency)
(Oil pipeline image via Shutterstock)