World Bulletin/News Desk
Spokesperson of Iraqi Oil Ministry Asim Jihad stated they started a second oil pipeline project as Kirkuk-Ceyhan pipeline was continuously exposed to terror attacks.
Saying they are going to build a new pipeline along with a Turkish company to export the oil of Kirkuk to the whole world through Turkey's ports, Jihad told AA in an exclusive interview that the aim of constructing a new pipeline was supporting the existing pipeline and preventing any interruption in oil shipment in case of a malfunction.
Formerly, there was a slowdown in oil exports due to terror attacks on the pipelines by unidentified people, he said.
Meanwhile, Kirkuk city council said in a written statement that the oil ministry had not informed officially them about the new pipeline.
Council's oil and gas commissionner Fuad Hossein stated after the new pipeline was completed, the oil export would reach 1 million barrels.
It was also stated if oil was found within the borders of any province, a certificate of approval must be taken from the city council according to the Iraqi constitution
Governor of Kirkuk Najmattin Karim had met Iraqi prime minister Nuri al-Maliki to protect the pipelines from terror attacks. It was reminded that daily export decreased from 450,000 to 250,000 barrels due to the attacks.
Kirkuk-Ceyhan pipeline is known as Iraq's biggest oil-exporting line. It's stated Kirkuk owns 996 oil wells and 18 gas stations.
The project is being implemented in collaboration with the Ethiopian and Norwegian governments at a cost of over $2.8 million.
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Although the likely consumer is Europe, which would require pipelines to pass through Turkey, companies may decide instead to export gas from the Levant basin to Jordan, Egypt or the Asian continent.
The ambassadors did agree to add more people and entities to the EU's asset freeze list, using expanded criteria including Russian companies that help to undermine Ukraine's sovereignty
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The hackers broke into a database storing details of people who had registered for ECB conferences, visits and other events, the bank said.
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They were among nine organisations and three people added to the EU's Syria sanctions list, published in the bloc's Official Journal
Land reform remains a sensitive issue in South Africa, where 20 years after the end of apartheid the white minority still holds around 87 percent of commercial farm land.
Talks are reportedly underway for a number of investment projects, including in pharmaceuticals and automotive assembly, but no final investment agreements are expected this week.