Iraq to talk oil with Saudi Arabia

BAGHDAD – Iraq is to hold talks with Saudi Arabia to reopen its 1,7 million barrel per day oil pipeline that was closed in 1990 after Saddam Hussein’s invasion of Kuwait, interim oil minister Ibrahim Bahr al-Ulum told AFP.

“We are going to hold talks with Saudi officials, who are showing themselves ready to help Iraq get through this difficult period,” Ulum said. “If we reach an agreement to reopen the Saudi pipeline, I do not think that the reopening of pipelines with other countries will take much time,” he said.The IPSA-1 pipeline, completed in 1989, was shut in the following year after the start of the Gulf War and has remained closed since.The pipeline goes to the Yanbu terminal near the Red Sea port of Jeddah.- Nampa-AFP”If we reach an agreement to reopen the Saudi pipeline, I do not think that the reopening of pipelines with other countries will take much time,” he said. The IPSA-1 pipeline, completed in 1989, was shut in the following year after the start of the Gulf War and has remained closed since. The pipeline goes to the Yanbu terminal near the Red Sea port of Jeddah. – Nampa-AFP