Iraq Pre-Qualifies Builders for Oil Pipeline to Jordan

Source: Reuters 9/4/2013, Location: Middle East

Iraq has pre-qualified 12 companies and joint ventures to build an $18-billion export pipeline to Jordan, the oil ministry said.

The plan is to export 1 million barrels per day (bpd) of Iraqi crude to Jordan, of which 150,000 bpd will supply Jordan's Zarqa refinery.

The remainder would be exported through the Red Sea port of Aqaba, reducing Iraq's reliance on the Strait of Hormuz shipping route.

"It's a preemptive plan to absorb higher production that international oil companies are planning to achieve by 2017. More export outlets mean more safety for Iraq's exports and its customers," a spokesman for the oil ministry said.

After stagnating for years due to war and sanctions, Iraq's oil output began to rise significantly in 2010 and output reached 3.1 million bpd in August, according to the latest Reuters survey.

Iraq expects output to rise by 400,000 bpd by the end of this year, mainly due to the start-up of the Majnoon oilfield operated by Royal Dutch Shell.

The short-listed companies and partnerships set for the next stage of the selection process to build the pipeline from Haditha near Baghdad to the Jordanian border are:

SINGLE BIDDERS
China National Petroleum Corporation (CNPC)
Consolidated Contractors Company (CCC)
Daewoo International
Lukoil
Marubeni
Mitsui
Saipem
Toyota Tsusho

JOINT VENTURES
Go Gas, Larsen & Toubro and Fius Capital
Orascom with Petrojet
Petrofac and Stroygazconsulting
Punj Lloyd Group and Mass Global International (Iraq)

For more information about related Opportunities and Key Players visit Iraq Oil and Gas Projects


Qatar >>  6/19/2022 - QatarEnergy has chosen Eni as a new international partner in the North Field East expansion project.

The Minister of State for Energy Affai...

Qatar >>  6/2/2022 - North Oil Company (NOC) has awarded McDermott International a Front-End Engineering Design (FEED) contract for the Ruya Development, formerly known as...

Saudi Arabia >>  5/30/2022 - JGC Holdings Corporation (Representative Director, Chairman and CEO Masayuki Sato) announced today that JGC Corporation (Representative Director and...

Related Categories: Civil Works  Civil Works - Finishing works  Construction Contractors  Electrical Works  Engineering Procurement and Construction (EPC)  Engineering Procurement and Construction Management (EPCM)  General  Mechanical Works  Pipe Lines Installations  Steel Works 

Related Articles: Civil Works  Civil Works - Finishing works  Construction Contractors  Electrical Works  Engineering Procurement and Construction (EPC)  Engineering Procurement and Construction Management (EPCM)  General  Mechanical Works  Pipe Lines Installations  Steel Works 


Gulf Oil and Gas
Copyright © 2021 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.