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Iraq moves to diversity oil export options from Hormuz

Alarabiya News -- Iraq moved on Sunday to diversify its oil export routes to reduce the impact of a potential closure of the Strait of Hormuz by Iran on Baghdad’s oil-dependent income, as well as the world economy.

The plans, recommended by parliament’s energy and economics committees, include efforts to ramp up exports along a pipeline to Turkey, increase the amount of oil transported by road, and “urgently” fix disused transport pipelines, according to a statement from government spokesman Ali al-Dabbagh.

He said Iraq’s cabinet on Sunday adopted the recommendations which also included working to reopen the Banias-Tripoli pipeline that runs from Syria to Lebanon but has been closed since 1990, and, if thawing Iraq-Saudi relations continue to improve, a disused pipeline through Saudi Arabia as well.



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Submitted Mar 19, 2012 By: bar1035
Category: Daily News Article Discussions > Topics Add to favorite topics  
Author Topic: Iraq moves to diversity oil export options from Hormuz Back to Topics
REPLIES (newest first) Post a Reply
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sparky808
Champion Author Honolulu

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Message Posted: Mar 20, 2012 1:21:20 PM

Thank you for posting.
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sparky808
Champion Author Honolulu

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Message Posted: Mar 20, 2012 1:20:44 PM

Thank you for posting.
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puinsai808
Champion Author Honolulu

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Message Posted: Mar 20, 2012 9:57:54 AM

Yawn.
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remay
Champion Author Houston

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Message Posted: Mar 20, 2012 9:12:10 AM

Hmmmm, doesn't THIS play into the price of oil? If Iran can push prices HIGHER, WHY doesn't this push it LOWER?
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cssco
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Message Posted: Mar 20, 2012 8:37:33 AM

Is it time to vote yet?
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feistyfella
All-Star Author Detroit

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Message Posted: Mar 20, 2012 7:32:29 AM

That's racial profiling! I'm offended.
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ExplorerWA
Champion Author Washington

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Message Posted: Mar 19, 2012 9:07:29 PM

They are an independent country and have the right to market their oil as they want. We need to develop our vast oil deposits and the price of gas at the pumps would go down while jobs would go up. Let's get off OPEC.
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TXHUNTER1
Champion Author Austin

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Message Posted: Mar 19, 2012 8:32:22 PM

Maybe a smart move.
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slgas
Champion Author Houston

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Message Posted: Mar 19, 2012 8:12:19 PM

Reflects the fact that Iran is easily able to mine the Strait and sink a super tanker or two.
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dacofa
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Message Posted: Mar 19, 2012 8:06:08 PM

Yeah right.
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dynamouse
Champion Author Michigan

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Message Posted: Mar 19, 2012 8:03:59 PM

As Americans we don't give a crap if obama was not the hold up stalling permit's stopping the pipe line all the things this guy has done remembers he has said he wants gas at $5-6 a gal obama wants green technology no mater what it costs the American tax payer he wants it his way he thinks hes king well hope he gets a job at burger kink in November we need this clown out
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teamsimons
Champion Author South Carolina

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Message Posted: Mar 19, 2012 7:59:13 PM

We can't figure this out: if Iraq wants to diversify it's oil export routes to reduce the impact of a potential closure of the Strait of Hormuz, why not just leave the Strait open?
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g747
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Message Posted: Mar 19, 2012 7:55:36 PM

Those are very encouraging efforts on all countries part.
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dchiou
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Message Posted: Mar 19, 2012 7:55:34 PM

ok
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stopforgas
Champion Author Mississippi

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Message Posted: Mar 19, 2012 7:50:40 PM

Not a bad idea from their point of view...
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saluki2011
Sophomore Author Florida

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Message Posted: Mar 19, 2012 7:50:23 PM

Hmm, maybe I can get a job to go back there to help fix that pipeline.
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hcivic
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Message Posted: Mar 19, 2012 7:44:47 PM

ok
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FuelOilOH
Champion Author Cleveland

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Message Posted: Mar 19, 2012 7:43:17 PM

Sure now that 'Bama wants to shrink the military let's start a war with Iran. China will side with Iran and we won't have a refinery to process crude. I just can't wait to start waiting in line for gas again!!!!
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Sarge10
Champion Author Detroit

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Message Posted: Mar 19, 2012 7:39:37 PM

Well, hopefully they can do it without the bad guys blowing something up!!
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cadstud
Sophomore Author Oakland

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Message Posted: Mar 19, 2012 7:38:48 PM

i'm speechless on this one
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Romey08
Champion Author Virginia

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Message Posted: Mar 19, 2012 7:38:02 PM

Always need a back-up plan. Good for Iraq
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032946
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Message Posted: Mar 19, 2012 7:36:35 PM

Go for it!
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leemun
Champion Author Utah

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Message Posted: Mar 19, 2012 7:34:55 PM

Hopefully the administration will stand up to Iran on the Hormuz issue.
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Saturn93
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Message Posted: Mar 19, 2012 7:26:28 PM

OK. We'll see what happens next.
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acvw74
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Message Posted: Mar 19, 2012 7:26:15 PM

ok
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felinePA
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Message Posted: Mar 19, 2012 7:13:26 PM

Drill, to keep Americans strong.
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Bleeder
Champion Author Virginia

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Message Posted: Mar 19, 2012 7:10:28 PM

Good for them. I hope they can protect their "other options" so they can be reliable for them.
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jwalkerh
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Message Posted: Mar 19, 2012 7:09:22 PM

It is still early, let's see what happens later on...
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erik_8
All-Star Author Toronto

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Message Posted: Mar 19, 2012 7:05:38 PM

Hope it can lower the oil price a little bit.
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slvrdo_dsprdo
Champion Author Nashville

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Message Posted: Mar 19, 2012 7:04:48 PM

Iran is terrorizing the world; just an extension of their terror-funding activities.
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thesqueegee
Sophomore Author Dayton

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Message Posted: Mar 19, 2012 7:01:36 PM

great
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Tucker16
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Message Posted: Mar 19, 2012 7:00:19 PM

Iraq is turrible at life.
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no8c
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Message Posted: Mar 19, 2012 6:52:28 PM

Thanks for posting this article!
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Wrjc115
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Message Posted: Mar 19, 2012 6:49:14 PM

OK
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tessnlu
Champion Author Missouri

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Message Posted: Mar 19, 2012 6:47:36 PM

Great - they need to pay the US for their war with their oil.
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srchr
Champion Author San Jose

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Message Posted: Mar 19, 2012 6:42:24 PM

they'll have more than pipelines to worry about if the straight of hormuz ever closes
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harleydoctor
Champion Author Kansas

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Message Posted: Mar 19, 2012 6:40:12 PM

If they wear a towel on there head I wouldn't pizz on them if they were of fire, another Bud plz........
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paulydel
Champion Author Delaware

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Message Posted: Mar 19, 2012 6:38:55 PM

Iran will not succeed in closing the Strait Of Hormuz because they will be sunk when the try.
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JXD
Champion Author Kitchener-Waterloo

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Message Posted: Mar 19, 2012 6:37:43 PM

Here we go again!
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REKEY
Champion Author South Carolina

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Message Posted: Mar 19, 2012 6:36:02 PM

No one is going to close that strait, no matter what they say!
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robaloma
Champion Author Houston

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Message Posted: Mar 19, 2012 6:32:38 PM

great
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BrucePen
Champion Author Ontario

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Message Posted: Mar 19, 2012 6:30:10 PM

Good news
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livedream
Champion Author Michigan

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Message Posted: Mar 19, 2012 6:29:10 PM

Good for them! They need to move their country in a positive direction.
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Gas Thirsty
Champion Author Los Angeles

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Message Posted: Mar 19, 2012 6:24:14 PM

Iraq is paying back.
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Bullseye520
Champion Author Louisville

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Message Posted: Mar 19, 2012 6:22:41 PM

Good for Iraq.
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dieselme2011
Champion Author British Columbia

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Message Posted: Mar 19, 2012 6:18:41 PM

Good
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mplato
Champion Author Columbia

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Message Posted: Mar 19, 2012 6:14:20 PM

and ship it all the the US for defending them for so long.
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wz
Champion Author Twin Cities

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Message Posted: Mar 19, 2012 6:10:38 PM

If they reopen pipelines to the west (Mediteranian), it makes it easier to ship their oil to Europe and the U.S.
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jimgraham
Champion Author Akron

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Message Posted: Mar 19, 2012 6:09:37 PM

The question that begs a answer - how long will they stay fixed? Or will the powers that be take a page from the Saudi playbook - and share a little of the oil wealth??
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Alaydown
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Message Posted: Mar 19, 2012 5:58:53 PM

Drill, drill, drill!
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