Iraq has commenced work on an oil pipeline linking Basra to Haditha with a planned capacity of 2.5 million barrels per day, the state news agency said yesterday citing the oil ministry, as the Opec producer seeks to expand export routes.
About $1.5 billion has been allocated for the project, although its pace will depend on securing further budget allocations, the ministry said.
The 700-kilometre pipeline will transport crude for export through multiple routes, including Syria’s Baniyas, Turkiye’s Ceyhan and Jordan’s Aqaba, while also supplying refineries along its path, a ministry spokesperson said.
On Sunday, Prime Minister Mohammed Shia Al Sudani chaired a meeting to follow up on the Basra-Haditha pipeline project, approved in 2024, and said it had been conceived as a proactive step anticipating current regional conditions and guarding against potential disruption to existing export routes.