AGL 37.88 Decreased By ▼ -0.27 (-0.71%)
AIRLINK 128.50 Increased By ▲ 3.43 (2.74%)
BOP 7.22 Increased By ▲ 0.37 (5.4%)
CNERGY 4.56 Increased By ▲ 0.11 (2.47%)
DCL 8.20 Increased By ▲ 0.29 (3.67%)
DFML 38.55 Increased By ▲ 1.21 (3.24%)
DGKC 79.96 Increased By ▲ 2.19 (2.82%)
FCCL 32.00 Increased By ▲ 1.42 (4.64%)
FFBL 72.87 Increased By ▲ 4.01 (5.82%)
FFL 12.22 Increased By ▲ 0.36 (3.04%)
HUBC 109.27 Increased By ▲ 4.77 (4.56%)
HUMNL 14.00 Increased By ▲ 0.51 (3.78%)
KEL 4.98 Increased By ▲ 0.33 (7.1%)
KOSM 7.41 Increased By ▲ 0.24 (3.35%)
MLCF 37.93 Increased By ▲ 1.49 (4.09%)
NBP 70.40 Increased By ▲ 4.48 (6.8%)
OGDC 187.00 Increased By ▲ 7.47 (4.16%)
PAEL 25.05 Increased By ▲ 0.62 (2.54%)
PIBTL 7.35 Increased By ▲ 0.20 (2.8%)
PPL 150.48 Increased By ▲ 6.78 (4.72%)
PRL 25.08 Increased By ▲ 0.76 (3.13%)
PTC 16.99 Increased By ▲ 0.59 (3.6%)
SEARL 81.05 Increased By ▲ 2.48 (3.16%)
TELE 7.49 Increased By ▲ 0.27 (3.74%)
TOMCL 32.55 Increased By ▲ 0.58 (1.81%)
TPLP 8.49 Increased By ▲ 0.36 (4.43%)
TREET 16.63 Increased By ▲ 0.50 (3.1%)
TRG 56.26 Increased By ▲ 1.60 (2.93%)
UNITY 27.84 Increased By ▲ 0.34 (1.24%)
WTL 1.35 Increased By ▲ 0.06 (4.65%)
BR100 10,434 Increased By 344.9 (3.42%)
BR30 30,750 Increased By 1241.5 (4.21%)
KSE100 97,690 Increased By 3115.7 (3.29%)
KSE30 30,466 Increased By 1021.1 (3.47%)

Iraq has invited Russia's Stroytransgaz to submit an offer to re-activate an oil export pipeline to Syria's Mediterranean terminal of Banias, Iraq's Deputy Prime Minister Barham Saleh said on Monday.
The company, which has contracts in Syria and Saudi Arabia, will make the offer to the Iraqi government in Baghdad no later than January 10, he told Reuters. "We will discuss with Stroytransgaz what they come up with. We are clear and serious about this project," Saleh said in an interview in the Syrian capital.
Saleh made it clear that progress on the pipeline, as well as developing a gas field near the Syrian border and exporting the product through Syria, was linked to security cooperation from the Damascus government. "Those terrorists who have infiltrated Iraq from its borders have killed thousands of Iraqis. There is no room to compromise on this issue," Saleh said.
"Our policy is to create mutual interests with neighbouring countries so that Iraq could be a cornerstone for regional stability and economic progress," he said. The pipeline is linked to Iraq's northern Kirkuk oilfields.
Syria has a 600-km (375 mile) border with Iraq. US forces bombed the 300,000 barrel per day pipeline on the Iraqi side during the 2003 invasion that removed Saddam Hussein from power.

Copyright Reuters, 2007

Comments

Comments are closed.