2010-09-19Iraq and Turkey sign a renewal of a crude oil pipeline across the line of Anatolia for a period of 15 years
بغداد ( إيبا ).. BAGHDAD (Iba)
Took place today in the building of the Oil Ministry signed a contract to renew the transfer of Iraqi oil through the line Alterkelemdp 15 years.
Said Oil Minister Hussain al-Shahristani told a news conference attended by the Turkish energy minister in Baghdad after signing the contract today, that Iraq is working to develop oil fields and increase production, and this needs to export outlets new, affirming that this agreement guarantees for Iraq to increase pumping of crude oil capacity exceeding million barrels per day during the coming years.
Shahristani alluded to the existence of amendments to the Convention, including the agreement to ensure that the Turkish government not to the seizure of Iraqi oil passing through the Turkish territory, as well as adjust prices from 75 cents to one dollar per barrel, that over a barrel in the event of an increase in Iraqi export.
The oil minister said that the signing of the Convention is to prevent any side agreements outside the knowledge and consent of the central federal government.
For his part, back Turkey's energy minister called the agreement safeguarding the common interests between the two countries, pointing out that this line oil Alkadimemkanp prominent in the hearts of the Turks because it represents a bridge between the two countries, it is not important in terms of economic and trade only.
The Iraqi government has also agreed to export Iraqi oil Valy coast of the Mediterranean through Syrian territory.
(End )/./.. http://www.ipairaq.com/