Iraq Opens Two Projects to Enhance Oil Capacity

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The Iraqi Oil Ministry yesterday announced the opening of two projects that will enhance its oil export capacity in the southern province of Basra.

The ministry said in a statement that Oil Minister. Jabbar Al-Luaibi. inaugurated a new pipeline with a capacity of 1.5 million barrels per day which will carry crude oil from Faw oil warehouses to export ports in Ras Al-Bisha 2 in the province of Basra.

Al-Luaibi also inaugurated a water injection project which extends from the main water pumping station in Karmat Ali to the northern Rumaila field in the governorate.

Earlier this month. the Iraqi government approved a plan to increase crude oil production to 6.5 million barrels per day.