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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

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sparky808 Champion Author Honolulu Posts:3,139 Points:624,685 Joined:Sep 2011	Message Posted: Mar 20, 2012 11:21:20 AM Ignore sparky808 Report Abuse Thank you for posting.
sparky808 Champion Author Honolulu Posts:3,139 Points:624,685 Joined:Sep 2011	Message Posted: Mar 20, 2012 11:20:44 AM Ignore sparky808 Report Abuse Thank you for posting.
puinsai808 Champion Author Honolulu Posts:3,697 Points:754,030 Joined:May 2011	Message Posted: Mar 20, 2012 7:57:54 AM Ignore puinsai808 Report Abuse Yawn.
remay Champion Author Houston Posts:7,078 Points:2,143,215 Joined:May 2006	Message Posted: Mar 20, 2012 7:12:10 AM Ignore remay Report Abuse Hmmmm, doesn't THIS play into the price of oil? If Iran can push prices HIGHER, WHY doesn't this push it LOWER?
cssco Champion Author Virginia Posts:7,463 Points:1,778,195 Joined:Feb 2006	Message Posted: Mar 20, 2012 6:37:33 AM Ignore cssco Report Abuse Is it time to vote yet?
feistyfella All-Star Author Detroit Posts:921 Points:212,745 Joined:Jun 2010	Message Posted: Mar 20, 2012 5:32:29 AM Ignore feistyfella Report Abuse That's racial profiling! I'm offended.
ExplorerWA Champion Author Washington Posts:4,235 Points:823,975 Joined:Feb 2011	Message Posted: Mar 19, 2012 7:07:29 PM Ignore ExplorerWA Report Abuse 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.
TXHUNTER1 Champion Author Austin Posts:2,712 Points:301,230 Joined:Dec 2006	Message Posted: Mar 19, 2012 6:32:22 PM Ignore TXHUNTER1 Report Abuse Maybe a smart move.
slgas Champion Author Houston Posts:6,165 Points:1,589,265 Joined:Oct 2008	Message Posted: Mar 19, 2012 6:12:19 PM Ignore slgas Report Abuse Reflects the fact that Iran is easily able to mine the Strait and sink a super tanker or two.
dacofa Champion Author Nevada Posts:5,401 Points:1,173,405 Joined:Jan 2010	Message Posted: Mar 19, 2012 6:06:08 PM Ignore dacofa Report Abuse Yeah right.
dynamouse Champion Author Michigan Posts:4,584 Points:1,764,875 Joined:Dec 2006	Message Posted: Mar 19, 2012 6:03:59 PM Ignore dynamouse Report Abuse 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
teamsimons Champion Author South Carolina Posts:2,576 Points:525,955 Joined:Aug 2011	Message Posted: Mar 19, 2012 5:59:13 PM Ignore teamsimons Report Abuse 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?
g747 Champion Author Mobile Posts:4,677 Points:960,395 Joined:Jul 2009	Message Posted: Mar 19, 2012 5:55:36 PM Ignore g747 Report Abuse Those are very encouraging efforts on all countries part.
dchiou Champion Author San Jose Posts:2,881 Points:815,590 Joined:Feb 2007	Message Posted: Mar 19, 2012 5:55:34 PM Ignore dchiou Report Abuse ok
stopforgas All-Star Author Mississippi Posts:996 Points:495,480 Joined:Jun 2011	Message Posted: Mar 19, 2012 5:50:40 PM Ignore stopforgas Report Abuse Not a bad idea from their point of view...
saluki2011 Sophomore Author Florida Posts:110 Points:325,685 Joined:Sep 2011	Message Posted: Mar 19, 2012 5:50:23 PM Ignore saluki2011 Report Abuse Hmm, maybe I can get a job to go back there to help fix that pipeline.
hcivic Champion Author Virginia Posts:3,989 Points:2,292,440 Joined:Aug 2005	Message Posted: Mar 19, 2012 5:44:47 PM Ignore hcivic Report Abuse ok
FuelOilOH Champion Author Cleveland Posts:2,842 Points:1,184,595 Joined:Oct 2007	Message Posted: Mar 19, 2012 5:43:17 PM Ignore FuelOilOH Report Abuse 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!!!!
Sarge10 All-Star Author Detroit Posts:872 Points:174,850 Joined:Feb 2010	Message Posted: Mar 19, 2012 5:39:37 PM Ignore Sarge10 Report Abuse Well, hopefully they can do it without the bad guys blowing something up!!
cadstud Sophomore Author Oakland Posts:160 Points:335,140 Joined:Sep 2011	Message Posted: Mar 19, 2012 5:38:48 PM Ignore cadstud Report Abuse i'm speechless on this one
Romey08 Champion Author Virginia Posts:6,417 Points:1,457,405 Joined:Apr 2008	Message Posted: Mar 19, 2012 5:38:02 PM Ignore Romey08 Report Abuse Always need a back-up plan. Good for Iraq
032946 Champion Author Twin Cities Posts:19,999 Points:4,070,770 Joined:Oct 2001	Message Posted: Mar 19, 2012 5:36:35 PM Ignore 032946 Report Abuse Go for it!
leemun Champion Author Utah Posts:5,677 Points:1,066,790 Joined:May 2010	Message Posted: Mar 19, 2012 5:34:55 PM Ignore leemun Report Abuse Hopefully the administration will stand up to Iran on the Hormuz issue.
Saturn93 Champion Author Salt Lake City Posts:7,292 Points:1,640,885 Joined:Oct 2006	Message Posted: Mar 19, 2012 5:26:28 PM Ignore Saturn93 Report Abuse OK. We'll see what happens next.
acvw74 Champion Author Illinois Posts:2,115 Points:712,175 Joined:Apr 2011	Message Posted: Mar 19, 2012 5:26:15 PM Ignore acvw74 Report Abuse ok
felinePA All-Star Author Pennsylvania Posts:580 Points:41,105 Joined:Aug 2011	Message Posted: Mar 19, 2012 5:13:26 PM Ignore felinePA Report Abuse Drill, to keep Americans strong.
Bleeder Champion Author Virginia Posts:8,038 Points:1,717,725 Joined:Jan 2008	Message Posted: Mar 19, 2012 5:10:28 PM Ignore Bleeder Report Abuse Good for them. I hope they can protect their "other options" so they can be reliable for them.
jwalkerh Champion Author Louisiana Posts:6,197 Points:1,377,430 Joined:Oct 2008	Message Posted: Mar 19, 2012 5:09:22 PM Ignore jwalkerh Report Abuse It is still early, let's see what happens later on...
erik_8 All-Star Author Toronto Posts:534 Points:567,110 Joined:Sep 2011	Message Posted: Mar 19, 2012 5:05:38 PM Ignore erik_8 Report Abuse Hope it can lower the oil price a little bit.
slvrdo_dsprdo Champion Author Nashville Posts:4,788 Points:928,265 Joined:Jul 2008	Message Posted: Mar 19, 2012 5:04:48 PM Ignore slvrdo_dsprdo Report Abuse Iran is terrorizing the world; just an extension of their terror-funding activities.
thesqueegee Sophomore Author Dayton Posts:132 Points:65,320 Joined:Mar 2011	Message Posted: Mar 19, 2012 5:01:36 PM Ignore thesqueegee Report Abuse great
Tucker16 Champion Author Ottawa Posts:1,191 Points:564,200 Joined:Jul 2006	Message Posted: Mar 19, 2012 5:00:19 PM Ignore Tucker16 Report Abuse Iraq is turrible at life.
no8c Champion Author Ohio Posts:2,934 Points:731,350 Joined:Jul 2008	Message Posted: Mar 19, 2012 4:52:28 PM Ignore no8c Report Abuse Thanks for posting this article!
Wrjc115 All-Star Author Georgia Posts:599 Points:279,350 Joined:Aug 2003	Message Posted: Mar 19, 2012 4:49:14 PM Ignore Wrjc115 Report Abuse OK
tessnlu Champion Author Missouri Posts:24,536 Points:1,133,940 Joined:Aug 2008	Message Posted: Mar 19, 2012 4:47:36 PM Ignore tessnlu Report Abuse Great - they need to pay the US for their war with their oil.
srchr Champion Author San Jose Posts:7,391 Points:1,646,775 Joined:Apr 2008	Message Posted: Mar 19, 2012 4:42:24 PM Ignore srchr Report Abuse they'll have more than pipelines to worry about if the straight of hormuz ever closes
harleydoctor Champion Author Kansas Posts:7,480 Points:1,955,310 Joined:Sep 2005	Message Posted: Mar 19, 2012 4:40:12 PM Ignore harleydoctor Report Abuse If they wear a towel on there head I wouldn't pizz on them if they were of fire, another Bud plz........
paulydel Champion Author Delaware Posts:8,893 Points:858,100 Joined:Jan 2008	Message Posted: Mar 19, 2012 4:38:55 PM Ignore paulydel Report Abuse Iran will not succeed in closing the Strait Of Hormuz because they will be sunk when the try.
JXD Champion Author Kitchener-Waterloo Posts:1,284 Points:1,060,735 Joined:Jun 2007	Message Posted: Mar 19, 2012 4:37:43 PM Ignore JXD Report Abuse Here we go again!
REKEY Champion Author South Carolina Posts:8,713 Points:1,725,145 Joined:May 2008	Message Posted: Mar 19, 2012 4:36:02 PM Ignore REKEY Report Abuse No one is going to close that strait, no matter what they say!
robaloma Champion Author Houston Posts:2,731 Points:718,025 Joined:Feb 2011	Message Posted: Mar 19, 2012 4:32:38 PM Ignore robaloma Report Abuse great
BrucePen Champion Author Ontario Posts:6,732 Points:1,387,590 Joined:Sep 2008	Message Posted: Mar 19, 2012 4:30:10 PM Ignore BrucePen Report Abuse Good news
livedream Champion Author Michigan Posts:3,840 Points:781,785 Joined:Mar 2011	Message Posted: Mar 19, 2012 4:29:10 PM Ignore livedream Report Abuse Good for them! They need to move their country in a positive direction.
Gas Thirsty Champion Author Los Angeles Posts:4,937 Points:3,252,920 Joined:Mar 2003	Message Posted: Mar 19, 2012 4:24:14 PM Ignore Gas Thirsty Report Abuse Iraq is paying back.
Bullseye520 Champion Author Louisville Posts:2,332 Points:694,115 Joined:Apr 2011	Message Posted: Mar 19, 2012 4:22:41 PM Ignore Bullseye520 Report Abuse Good for Iraq.
dieselme2011 Champion Author Vancouver Posts:2,726 Points:628,590 Joined:Mar 2011	Message Posted: Mar 19, 2012 4:18:41 PM Ignore dieselme2011 Report Abuse Good
mplato Champion Author Columbia Posts:8,389 Points:1,842,970 Joined:Jun 2004	Message Posted: Mar 19, 2012 4:14:20 PM Ignore mplato Report Abuse and ship it all the the US for defending them for so long.
wz Champion Author Twin Cities Posts:2,620 Points:1,303,960 Joined:Feb 2009	Message Posted: Mar 19, 2012 4:10:38 PM Ignore wz Report Abuse If they reopen pipelines to the west (Mediteranian), it makes it easier to ship their oil to Europe and the U.S.
jimgraham Champion Author Akron Posts:10,508 Points:2,006,685 Joined:Oct 2007	Message Posted: Mar 19, 2012 4:09:37 PM Ignore jimgraham Report Abuse 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??
Alaydown Champion Author Los Angeles Posts:5,249 Points:846,840 Joined:May 2007	Message Posted: Mar 19, 2012 3:58:53 PM Ignore Alaydown Report Abuse Drill, drill, drill!