Saturday, June 30, 2012

Saudi Arabia rehabilitated the old Iraqi oil pipeline to transport crude oil ...

2012-06-30

Saudi Arabia rehabilitate the old Iraqi oil pipeline to transport crude oil

Baghdad, informed sources said that the Kingdom of Saudi Arabia rehabilitated the old Iraqi oil pipeline to transport crude, and conducted a pilot pumping along the line during the past five months, to secure alternative routes to export oil according to the website section.

The expert said Saudi Oil Rashid Abanumay: You can increase the capacity of the old Iraqi oil line to the weak capacity of the former, which is 1.65 million barrels a day.

He added, can be a simple procedure and by using certain chemicals, acceleration of the movement of oil, thereby increasing the capacity of this line.

Sources in the oil industry that Saudi Arabia re-open this line as an alternative to ship oil through the Gulf, Iran has tried to close the Strait of Hormuz, starting from next Sunday, where the entry into force of the European ban on Iranian oil.

Has been to extend the line through the Kingdom of Saudi Arabia in the eighties of the last century, after it was oil shipments in the Gulf region to attack both sides of the Iran-Iraq war, did not use the line since the Iraqi occupation of Kuwait in 1990, then seized a Saudi pipeline in 2001 to offset the debts have to Baghdad , and used to transport the gas to power plants located in the west of the country in recent years.

Abanumay said: We have several alternative options for the Strait of Hormuz, including the conversion line of the Iraq Svanah and Khafji, and rehabilitation of the line Altablaan line east - west, which flows into the stems, in addition to using the slow transport of oil tankers.

He said: All these options can be used as a complement to the storage of strategic in Japan, if worsening situation in the Persian Gulf, which is expected to happen after a few days at the beginning of the oil embargo of Iran July, where will be the Iran dilemma for great economic must be answered on its part.


source