Παρ, 1 Μαρτίου 2013 - 18:34
Oil-rich Iraq has started technical work on a planned $18 billion oil-export pipeline from Basra in southern Iraq to the Jordanian port of Aqaba on the Red Sea, bypassing the Strait of Hormuz, senior Iraqi oil officials said Thursday.
If realized, the pipeline would deliver a significant export outlet for Iraq's growing crude-oil production, which rose by 15% last year as the country focused on rejuvenating its energy sector