Basra - Aqaba pipeline project to be approved by next government, Oil Ministry says

 
Baghdad-INA
 
Ministry of Oil announced Sunday, that (Basra - Aqaba) oil pipeline project is  not a new one as it is from the eighties of the last century, indicating that the project has not yet been approved.
 
Ministry spokesman Assem Jihad said in a press conference attended by the reporter of the Iraqi News Agency (INA): “Basra - Aqaba pipeline project is not new and is from the eighties of the last century," noting that "all the successive governments after 2003 supported the project."
“Ministry of Oil is an executive side that is committed to implement the government program approved by the government and the parliament," noting that "the project has not been approved and the ministry is keen to protect and manage the oil wealth," he added.
 
 
Jihad also affirmed that "The project consists of two phases, the first is Basra and Haditha, which is a group of pipelines that transport Iraqi oil to Iraqi refineries and to electric power stations," explaining that "the second part of the project starts from Haditha and transports oil up to 200,000 barrels per day, and this is the initial idea of the project."
 
He stressed that "So far, no agreement has been made, and the contract has not been referred, and it will be passed to the next government to study the project with the competent authorities," noting that "what was raised circulated in the media outlets about the project is inaccurate."