Iran's Mahshahar, a specialist oil pipe manufacturer, is in talks with Basra Investment Commission to build a factory and warehouses in Basra to provide the Iraqi State Oil Company with custom-made oil pipes.
Head of the commission, Haidar Ali Fadhil, told NINA that the Iranian firm had discussed building the factory and the warehouses to international standards.
He expressed the commission's readiness to provide land for the project and accelerate the licence procedures.
Fadhil said that both sides have agreed to hold a meeting with the relevant Iraqi companies; Southern Oil Company, Southern Gas Company, Oil Pipelines Company, and Southern Refineries Company in order to cooperate and coordinate and provide them with the required pipes.
(Source: Asia Pulse, Basra Investment Commission)