Akkas Pipeline Cancelled

By Robert Tollast.

Korean firm STX Heavy Industries has cancelled a proposed 500km pipeline to the Akkas gas field in Western Iraq, which is operated by state Korean gas firm KOGAS.

STX Heavy were working on the project with KOGAS Akkas B.V and work was due to be finished in 2017, however the project ran into trouble in early 2014 as security started to deteriorate in Anbar.

ISIL now control 80% of the province, and clearly work at Akkas is now untenable--it is located near the ISIL stronghold of Al Qaim.

STX Heavy has several other projects in Iraq, all of them located in the south where attacks are rare.

(Source: The Korea Herald.)

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