Iraq’s Ministry of Oil has completed the prequalifying process for companies interested in participating in the long-delayed Iraqi-Jordanian oil pipeline project.

Iraq is keen to diversify its export routes in a bid to lessen its reliance on shipping through the Persian Gulf through which the bulk of the countries exports currently pass.

The first phase of the project includes installing a 700-kilometre-long pipeline with a capacity of 2.250 million barrels within the Iraqi territories (Rmeilah-Haditha), according to an Iraqi Ministry of Oil statement made available to The Jordan Times.