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Baghdad

Basra Oil Company: Third offshore pipeline to complete by 2023

 Basra Oil Company: Third offshore pipeline to complete by 2023

Shatt al-Arab River with flames rising from oil refinery pipes in the background in Basra, Iraq July 23, 2020.

Basra (IraqiNews.com) – According to Basra Oil Company (BOC), the third offshore pipeline at the Khor Al-Amaya Oil Terminal (KAAOT) will be completed by the end of 2023.

The new line will increase oil export capacity by 600,000 barrels per day (bpd).

The Khor Al-Amaya Oil Terminal, one of Iraq’s major oil terminals, is located near the Al-Faw Port in the Persian Gulf.