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Iraq seeks bids for Iraq-Jordan Oil Pipeline
(MENAFN- Iraq Business News) By John Lee.
Iraq's Ministry of Oil has invited bids fto build the Iraq-Jordan oil pipeline.
The first phase will be built on the Iraqi side, stretching 700 km from Rumaila to Haditha. This will have a capacity of 2.25 million barrels per day (bpd). This will be built on an engineering, procurement, construction and financing (EPCF) contract model.
The second phase, on the Jordanian side, will run 900 km from Haditha to the port of Aqaba. This section will be built on a Build Own Operate Transfer (BOOT) model.
Bids will be accepted from qualified companies up to the end of May, with a decision to be made by the end of 2020.
(Source: Ministry of Oil)
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