POSTGRADUTE DEPLOMA RESEARCH AT BASRA UNIVERSITY DISCUSSES DIVERSIFICATION PLANS OF IRAQ OIL EXPORT OUTLETS AND THEIR ECONOMIC GAINS
Postgraduate diploma research in energy economics discussed plan to diversity Iraq’s oil export outlets and its economic gains.
The researcher presented by the student (Muslim matar kabashi) included four chapters. The first chapter dealt with means of transporting oil and the economic importance of oil in the Iraqi economy. The second chapter included pipelines for transporting Iraqi oil and its export markets. The third chapter included plans and gains for diversification Iraqi oil export outlets .The fourth and the final chapter is concerned with conclusions and recommendation.
The aim of the research is to know the diversifying Iraq’s oil export outlets and their economic gains, and to know future projects and plans to diversify Iraq’s oil export outlets and increase their export capacity.
The research concluded the emergence of the vital importance and economic gains to diversify the Iraqi oil export outlets and increase its export capacity by delivering Iraqi oil to the world markets with a significant export capacity in the event that some export outlets or pipelines stop for any reason, and it also reached the importance of the southern governorates, especially Basra governorate in producing Iraqi oil and its export through its southern ports.
He also concluded that half of the pipeline network of Iraqi oil pipeline extends in non-IRAQI territories in countries neighborhood, which entails imposing shipping fees and bargains on the Iraqi side.
The researcher recommended several recommendation the most important of which is need to expand export capacity and diversify Iraqi oil export outlets with the need to balance Iraq’s export capacity.
with the growth In production capabilities, especially resulting from licensing rounds, in addition to sitting up northern port to export Iraq oil through Turkish territory because the current pipeline is under the control of the Kurdistan region. it’s also suffers from security problems and needs maintenance and rehabilitation, as well as the necessity to implement the project proposed by the oil ministers regarding the maintenance and rehabilitation of the infrastructure related to the export of Iraqi oil to international global markets, and finally the need to approach the Saudi side to revive the (IRAQI_SAUDI) pipeline, on which Iraq spent huge sums of money and the Saudi side closed it.
