SOC reopens second terminal

05 March 2004
The first shipments of crude were lifted on 27 February from the Khor al-Amaya export terminal on the Shatt al-Arab waterway. South Oil Company (SOC), Iraq's biggest producer of oil, has completed a six-month refurbishment of the facility, which has capacity to load up to 400,000 barrels a day (b/d) of crude. The project's completion increases Iraq's total oil export capacity from the south to about 2.2 million b/d. Basra oil terminal, formally known as Mina al-Bakr, is the country's other major crude export facility.

SOC plans to open a third export terminal with the rehabilitation and expansion of the existing facility at Al-Faw. The company has invited bids for a site investigation and study of berths 3, 4, 5 and 6 at the port, which is located on the northern Gulf. Tendering is already under way for the construction of eight floating roof crude oil storage tanks at Al-Faw, each with capacity of 58,000 cubic metres. State Company for Oil Projects (SCOP)is working with SOC on the project.

A MEED Subscription...

Subscribe or upgrade your current package to support your strategic planning with the MENA region’s best source of business information. Proceed to our online shop below to find out more about the features in each package.

Get Notifications