Project Profile
Value: US$150 million
Capacity: 2.25 million
Length: 350km
Startup Year: 2018
The project will see the construction of two pipelines, one to export Iraq\'s crude oil to Iran and the other to transport oil products from Iran to Iraq. The aim of the project is to export crude oil and import multi-products through Shatt-al-Arab waterway. Each of the pipelines will be between 56 kilometres and 75 kilometres long. The pipelines will transfer oil from Iraq\'s oil fields southwest of the port of Basra to Iran\'s Abadan refinery.
The agreement was signed in 2005. The planned 350km (220 miles) pipeline will have capacity to ship 2.25 million barrels per day (bpd) and will have a parallel gas pipeline. Work on the initial phase of the export project should start in 2018 and end in 2020.
Basra authorities have been frustrated with the lack of progress on the pipeline.
Operators:
Government of Iran
Aboriginal Pipeline Group