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Member of the Committee on Energy: All Gulf States and found alternatives to the export of oil in the event of closure of Hormuz, but Iraq

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Member of the Committee on Energy: All Gulf States and found alternatives to the export of oil in the event of closure of Hormuz, but Iraq Empty Member of the Committee on Energy: All Gulf States and found alternatives to the export of oil in the event of closure of Hormuz, but Iraq

Post  Admin Sun Aug 12, 2012 11:33 am


Dated: 8/12/2012 10:04:36 Sunday



Baghdad (news) .. According to a member of the Committee on Energy and Oil MP / coalition in Iraq / Mutashar al-Samarrai, the importance of developing plans proactively to avoid the possibility of closing the Strait of Hormuz by Iran and its impact on the national economy, noting that all the Gulf states Hait alternatives of Hormuz to export its oil, but Iraq has remained idle and waiting for the crisis lies in order to move.

Samarrai said (of the Agency news) said on Sunday: Iran threatens every now and then to close the Strait of Hormuz, to form a pressure on the countries in the world consumption of oils Gulf, to influence the decision of the economic sanctions imposed by the United Nations has, in the event of closure means is suicide by Iran and revenge from other countries exporting and importing of oil.

He added that Iraq could save the economy from a potential disaster when you close the Strait of Hormuz, through multiple outlets export through pipeline of new or rehabilitation of old pipes extended with neighboring countries with either the port of Yanbu, or with the Gulf of Aqaba or via the ports of Banias and Tartous, to avoid the direct impact based on the economy by more than (95%) on oil imports.

He pointed to: that most of the Gulf countries including UAE searched for alternatives to export its oil were quick to extend the pipes pass through the Red Sea and other countries have also expressed their ability to extend tubes of oil to avoid closing the Strait of Hormuz on their economy, but Iraq is still a muscle did not take any precautionary measure to take the alternatives for the Straits, especially since Iraq is about to increase its oil exports, and this requires multiple ports.

And passes to (1.7) million barrels per day of Iraqi oil from the Strait of Hormuz, of the total (2.6) million barrels a day Iraq to export.


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