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Bloomberg
Bloomberg

Russia's Lukoil to build 1.6 mln bpd pipeline to south Iraq port

BAGHDAD, June 5 (Reuters) - Russia's Lukoil will build an oil pipeline with a capacity of 1.6 mln barrels per day (bpd) to Iraq's southern port of Faw, oil minister Abdulkareem Luaibi said on Thursday.

Luaibi told reporters the pipeline will extend to Faw port from the Tuba tank farm. A second pipeline could increase overall capacity to 3.2 million bpd, he added.

(Reporting by Raheem Salman; Writing by Isabel Coles, editing by David Evans)

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