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Iraq says $5bn Basra pipeline will create 15,000 jobs

Summary by AGBI
Iraq’s oil ministry expects the planned Basra-Haditha pipeline project to create 15,000 local job opportunities. Mohammed Al Sudani, the country’s caretaker prime minister, last month approved allocating $1.5 billion to the $5 billion project. Work was delayed due to a lack of funds, but the $1.5 billion has been disbursed, the state-run Iraq News Agency reported, quoting ministry spokesman Sahib Bazoun. The remaining amount will be paid in inst…
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AGBI broke the news on Friday, May 8, 2026.
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