Home Oil and Gas Iraq MOO revealed that the Kirku/Cihan export pipeline is expected to be...

Iraq MOO revealed that the Kirku/Cihan export pipeline is expected to be awarded soon

BAGHDAD (Reuters) – Iraq has given foreign energy companies a month to signal their interest in building a new export pipeline from the Kirkuk oilfields in the north of the country.

The new pipeline will replace an old and severely damaged section of the Kirkuk-Ceyhan pipeline. It will start from oilfields near Kirkuk and extend to the Fish-Khabur border area with Turkey.

Iraq’s oil ministry set 2017 24 Jan as the deadline for companies to submit letters of interest in building the new pipeline, the ministry said in a statement.

The 350-km pipeline which will have the capacity to transport more than one million barrels per day and will be run under an investment model known as “build-operate-transfer,” oil ministry spokesman Asim Jihad said .

Under the project terms, the interested companies or consortia should also build a gas pipeline, pumping stations and facilities for crude storage.

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