Iraq Eyes New Oil Export Route Through Oman ...Middle East

Iraq plans to build an oil pipeline to Oman as OPEC’s second-largest producer seeks to boost exports and diversify export routes for its crude out of the Middle East.   Iraq and Oman have reached a preliminary agreement for a pipeline from Iraq to the port of Duqm on the Gulf of Oman, Ali Nizar, director general of the Iraqi state oil marketing company SOMO, told Shafaq News on Thursday.  The project has yet to identify the route of the future Iraq-Oman pipeline. The two countries are discussing whether to have an offshore…

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