State Company for Oil Projects (SCOP) was recently granted $250m to repair and replace pipeline and oil depots. The allocated funds will be used for new equipment purchases, installation and repair.
“The project includes connecting various Iraqi provinces with a network of pipelines to supply liquid gas for domestic use.” Ahmed Al Shammaa, SCOP director, reported.
The total project includes 20 oil depots, each of a capacity of 10,000CU M, in addition to the already eight more oil depots slated for installation in southern Iraq.