Iraq has begun construction of its third offshore pipeline to export crude oil from the country’s southern ports, in what the Oil Ministry calls one of the “most significant strategic initiatives in the national export system.”
According to a statement from the ministry, the goal is to improve the flexibility of crude oil flows and expand export capacity, strengthening Iraq’s position on international markets. The Oil Minister, Hayan Abdul-Ghani, He stated that “the project represents a fundamental transformation in the country’s export system from southern ports.” The plan envisions a design capacity of 2,4 million barrels per day and an operational capacity of approximately two million. This level will allow Baghdad to more efficiently manage export operations and ensure a stable supply of crude oil to global markets. The project is part of the ministry’s vision of developing an integrated and secure export system to increase national revenue and improve oil infrastructure in southern Iraq.