Iraq is planning to build a pipeline to ship gas to Europe as part of its multi-billion-dollar project involving the construction of a rail line to Turkey.
Sep 20, 2023
According to reports, OPEC oil producer Iraq is planning to build a pipeline to ship gas to Europe as part of its multi-billion-dollar project involving the construction of a rail line to Turkey. According to a recent report by the Iraqi Transport Ministry, the estimated cost of the project to construct a 1,200-km rail and motorway from South Iraq to the Northern border with Turkey is nearly USD 17 billion.
Yunus Al-Kaabi, Director of the General Company for Rail in Iraq said, “Several global companies have expressed interest in the rail and gas line projects as the designs for Phase 1 of the rail network have been completed.”
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“Besides the rail project, there is a proposal to build a pipeline to transport Iraqi gas to the European market,” Kaabi said, adding that an Italian firm has prepared Phase 1 designs.
