Iraq leads Arab countries in oil pipeline development: Report

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Iraq leads Arab countries in oil pipeline development: Report

Iraq has arisen as the top Bedouin country in oil pipeline advancement, as per information from the Worldwide Energy Screen stage as of May 2024.

The Bedouin Bay locale stays one of the main regions universally for oil pipeline development, assuming a main part on the planet market with its tremendous rough holds.

With proposed and under-construction pipelines totaling 3,830 kilometers, Iraq is the Arab nation with the most extensive pipeline development projects. This incorporates 75 kilometers under development and 3,756 kilometers proposed.

The $416.9 million offshore export pipeline, which Royal Boskalis Westminster N.V. will construct between 2024 and 2025, is one notable project. This project is part of Iraq’s plans to increase its oil production to eight million barrels per day by 2027, further establishing Iraq’s position as the leading Arab nation in the development of oil pipelines.

According to information provided by the Organization of Arab Petroleum Exporting Countries (OAPEC), Iraq has approximately 15 oil pipelines totaling 2,090 miles and ten pipelines transporting oil derivatives totaling 1,530 miles.