Advertisment Iraq Welcomes Companies to Invest in New Kirkuk Pipeline | IRAN Energy News Skip to main content
IRAN Energy News Agency
Oil, Gas, Petrochemical and Energy Field Specialized Channel
Oil, Gas, Petrochemical and Energy Field Specialized Channel
Oil, Gas, Petrochemical and Energy Field Specialized Channel

Iraq Welcomes Companies to Invest in New Kirkuk Pipeline

The pipeline will run for over 350 km, and will be 48 inches in diameter.

Iraq has invited local and international companies to invest in the oil export pipeline extension, which extends from the Kirkuk oilfield to the Iraqi-Turkish border, a media report said.
The new project will run side-by-side with the old strategic pipeline to the Turkish port of Ceyhan, added the Iraq Business Newsreport.
The pipeline will run for over 350 km, and will be 48 inches in diameter, Assim Jihad, the spokesman of the Ministry of Oil, was quoted as saying in the report.
It will be able to transport 1 million barrels per day (bpd) and will be built on a BOOT basis investment method, which includes the construction, property, operation and property transfer, he added.

The project includes also the construction of a gas pipeline, pumps and reservoirs, in addition to the other completed accessories and services. The contract also commits the winner consortium companies to share with the local companies with 25 per cent or more of the project proportion within the consortium.

The last date for the companies to present their participation letter is January 24, Jihad said.

 

Join us on Telegram Channel."Energy Today"

Add new comment

CAPTCHA
This question is for testing whether you are a human visitor and to prevent automated spam submissions.
Fill in the blank.
Parvin Faghfouri Azar
Energy Today
w
+98.21.26413997
Unit 32, No. 26, North Naft Street
Tehran,TH,1918793572
Iran

Iraq Welcomes Companies to Invest in New Kirkuk Pipeline

The pipeline will run for over 350 km, and will be 48 inches in diameter.
Parvin Faghfouri Azar
Iraq has invited local and international companies to invest in the oil export pipeline extension, which extends from the Kirkuk oilfield to the Iraqi-Turkish border, a media report said. The new project will run side-by-side with the old strategic pipeline to the Turkish port of Ceyhan, added the Iraq Business Newsreport. The pipeline will run for over 350 km, and will be 48 inches in diameter, Assim Jihad, the spokesman of the Ministry of Oil, was quoted as saying in the report. It will be able to transport 1 million barrels per day (bpd) and will be built on a BOOT basis investment method, which includes the construction, property, operation and property transfer, he added.The project includes also the construction of a gas pipeline, pumps and reservoirs, in addition to the other completed accessories and services. The contract also commits the winner consortium companies to share with the local companies with 25 per cent or more of the project proportion within the consortium.The last date for the companies to present their participation letter is January 24, Jihad said. 
49