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Iraq launches 1st oil tanker in 27 years ~~ YAHOO....More Oil for the World...
Yahoo ^ | Dec 17, 2007 | AP

Posted on 12/17/2007 11:48:41 AM PST by Ernest_at_the_Beach

BAGHDAD - The Iraqi Oil Tanker Co. launched its first new ship in 27 years Monday, and delivery of two more tankers is expected within three months.

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The Dijlah — the name for the Tigris River in Arabic — was inaugurated in the southern port city of Basra, officials said.

The 14,000-ton capacity, Chinese-built ship will help ease export problems Iraq has encountered as its beleaguered but vital oil industry begins to recover from years of war and neglect, officials said.

Basra Gov. Mohammed al-Waili led the ceremony and said the Dijlah would help spur growth in Iraq's oil industry.

Iraq's fleet of oil tankers was battered by the 1980-88 Iran-Iraq war and then by the first Gulf War.


TOPICS: Business/Economy; Foreign Affairs; Front Page News; News/Current Events; War on Terror
KEYWORDS: chicoms; china; communist; energy; iraq; oil; wot

1 posted on 12/17/2007 11:48:43 AM PST by Ernest_at_the_Beach
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To: SierraWasp; All; blam; SunkenCiv; NormsRevenge; kellynla; onyx; Brad's Gramma; Howlin; MEG33; ...

A sign of the continued improvement of Iraq.....


2 posted on 12/17/2007 11:52:25 AM PST by Ernest_at_the_Beach (No Burkas for my Grandaughters!)
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To: Ernest_at_the_Beach
When you read about the Basra governor, think of former US Governors like, oh, Jim McGreevey, Fife Simington, Edwin Edwards . . .

The Brits, for all the great work they're doing with elderly crap equitment in Afghanistan, essentially surrendered to Iran about a year ago. The poor guys sit at the airport compound and get mortared. As a total civilian, getting shelled makes me want to go kill bad guys. Imagine what it's like for SAS troopers.

3 posted on 12/17/2007 11:54:48 AM PST by BroncosFan ("Now we grieve, 'cause now it's gone / But things were good when we were young.")
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To: Ernest_at_the_Beach

That’s great news!


4 posted on 12/17/2007 11:55:35 AM PST by SMARTY
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To: Ernest_at_the_Beach

Starting timer to watch for someone to bitch about the Chinese-made tanker instead of the good news.


5 posted on 12/17/2007 11:56:19 AM PST by sam_paine (X .................................)
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To: Ernest_at_the_Beach

14,000 tons? Pretty small. Sounds like a yard oiler rather than a supertanker.


6 posted on 12/17/2007 11:57:42 AM PST by Tallguy (Climate is what you plan for, weather is what you get.)
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To: Ernest_at_the_Beach

...................The Iraqi Oil Tanker Co. launched its first new ship in 27 years ............................

“Launched”, kinda’ infers that it was built by the Iraqi Oil Tanker Co.,

But the article goes on the say that it was built in China.

Much less good news for the Iraq manufacturing economy.

(Somehow, there’s got to be a way for the US gov’t. to give tax incentives for US companies to donate older technology manufacturing equipment to Iraqi companies to jump start their economy and end the 50% unemployment. At their wage rates, they don’t need the latest labor saving devices, just something to produce quality goods, and train competent labor)


7 posted on 12/17/2007 11:58:49 AM PST by aShepard
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To: Ernest_at_the_Beach

curious on the destination of the oil.. China or EUrope?


8 posted on 12/17/2007 11:59:15 AM PST by NormsRevenge (Semper Fi ... Godspeed ... ICE’s toll-free tip hotline —1-866-DHS-2-ICE ... 9/11 .. Never FoRGeT)
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To: Ernest_at_the_Beach

Yeapeh and never mind the so-called global warming(and local cooling)


9 posted on 12/17/2007 12:00:03 PM PST by Ulysse (fides quaerans intellectum)
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To: Tallguy

right, given that there are tankers out there over 1 million barrels. On the other hand it is something that will give Iraq income and pride and help the nation building effort. I wonder what countries the crews are from.


10 posted on 12/17/2007 12:09:04 PM PST by dblshot
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To: Ernest_at_the_Beach

It should be heading this way, with discount fuel


11 posted on 12/17/2007 12:11:23 PM PST by reefdiver (The sheriff of Nottingham collected taxes on behalf of the common good)
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To: dblshot

Oh no doubt. And while good news, the article is a bit deceptive to readers who might not have a sense of scale when it comes to cargo capacity.


12 posted on 12/17/2007 12:12:10 PM PST by Tallguy (Climate is what you plan for, weather is what you get.)
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To: NormsRevenge
Don't know googling around , see a deal with S Korea for more tankers....and found this ...which gives info on the company.

Iraq launches first oil tanker in 27 years

**************************************

BASRA, Dec 17 (KUNA) -- The Iraqi Oil Tanker CompanyIraqi Oil Tanker Company

Iraqi Oil Tankers Company
 News | ProfileOfficers
launched Iraq's first oil tanker in 27 years on Monday.

Spokesman of the Iraqi Oil Company told reporters here Monday that the launched tanker is the first since the Iraqi-Iranian war in 1980.

He said the 14,000 ton capacity tanker is one of three ships to be delivered to Iraq by a Chinese company, adding that the other two tankers will reach the Iraqi ports in the next three months.

The ministry made a deal with a Korean company to construct more new tankers, he pointed out.

The Iraqi Oil Tanker CompanyIraqi Oil Tanker Company

Iraqi Oil Tankers Company
 News | ProfileOfficers
was established in 1972 and owns 22 ships with capacities that range from 1,500 to 155,000 tons, however many of the tankers were damaged during the Iraqi-Iranian war.
Article originally published by KUNA (Kuwait News Agency) 17-Dec-07

13 posted on 12/17/2007 12:21:07 PM PST by Ernest_at_the_Beach (No Burkas for my Grandaughters!)
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To: All
Iraqi Oil Tanker Company launches first ship in 27 years

***********************************************

BAGHDAD - The Iraqi Oil Tanker Co. launched its first new ship in 27 years Monday, and delivery of two more tankers is expected within three months.

ADVERTISEMENT

The Dijlah — the name for the Tigris River in Arabic — was inaugurated in the southern port city of Basra, officials said.

The 14,000-ton capacity, Chinese-built ship will help ease export problems Iraq has encountered as its beleaguered but vital oil industry begins to recover from years of war and neglect, officials said.

Basra Gov. Mohammed al-Waili led the ceremony and said the Dijlah would help spur growth in Iraq's oil industry.

Iraq's fleet of oil tankers was battered by the 1980-88 Iran-Iraq war and then by the first Gulf War.

14 posted on 12/17/2007 12:24:41 PM PST by Ernest_at_the_Beach (No Burkas for my Grandaughters!)
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To: BroncosFan

Michael Yon has written extensively about the situation in Basra.

The British have successfully put southern Iraq back in the hands of the Iraqis. The so-called “constant bombardment” was an attempt by AQ and their MSM enablers to make it look as if the British were moving out of their barracks under heavy attack. Not true.


15 posted on 12/17/2007 12:26:10 PM PST by agere_contra (Do not confuse the wealth of nations with the wealth of government - FDT)
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To: Tallguy

Lets see....7.5 barrels per metric ton= 105,000 barrels. The standard oil tanker (VLCC) holds 2 million barrels. Yup your right...it’s not much bigger than your average bass boat.


16 posted on 12/17/2007 12:53:00 PM PST by A_Tradition_Continues
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To: Ernest_at_the_Beach

Glad the Chinese could build the Ships for them.

It’s not like they haven’t helped at all in Iraq. /s


17 posted on 12/17/2007 12:55:30 PM PST by BGHater (If Guns Cause Crime Then Matches Cause Arson?)
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To: BGHater

The South Koreans are building more ...


18 posted on 12/17/2007 12:57:14 PM PST by Ernest_at_the_Beach (No Burkas for my Grandaughters!)
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To: BGHater
From the post at #13....

The ministry made a deal with a Korean company to construct more new tankers, he pointed out.

Doesn't say South Koreans....Hmmm!

19 posted on 12/17/2007 12:59:32 PM PST by Ernest_at_the_Beach (No Burkas for my Grandaughters!)
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To: Ernest_at_the_Beach

This is great news, but a chinese tanker? They purchased this from the chicoms?


20 posted on 12/17/2007 1:01:22 PM PST by shield (A wise man's heart is at his RIGHT hand;but a fool's heart at his LEFT. Ecc 10:2)
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To: agere_contra
I've read his stuff. He's great. But he underplays the influence of the Fadhila Party and the intra-Shia'a low-level civil war down there. It's an insanely complex, and the ruling coalition within GOI can't move to ruthlessly suppress the nonsense in Basra because it would implode the entire coalition.

As for the mortars, heck, my first-hand knowledge of the south is a few months out of date, but Basra received IDF every single day for months earlier this year. And certain political constraints limited counterbattery fire.

21 posted on 12/17/2007 1:16:42 PM PST by BroncosFan ("Now we grieve, 'cause now it's gone / But things were good when we were young.")
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To: A_Tradition_Continues

http://navy.memorieshop.com/Neosho/Class.html

The above link is to a WW2-era US Navy Fleet Oiler (180,000 bbls / 38,000 full-load tons). The new Iraqi vessel is smaller. She’s a short-haul carrier since she’s nowhere near the VLST class.


22 posted on 12/17/2007 2:11:40 PM PST by Tallguy (Climate is what you plan for, weather is what you get.)
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To: Tallguy

I’m sure they would be utilizing the vessel as a feeder vessel. I’m not sure if any of the Iraqi ports are deep enough for VLCC’s or ULCC’s.


23 posted on 12/17/2007 2:50:59 PM PST by A_Tradition_Continues
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To: Tallguy

It is probably just going to ferry oil to a terminal in the gulf.


24 posted on 12/17/2007 2:52:50 PM PST by MediaMole
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To: Tallguy

here’s a modern day description of vessel classification http://seagoing.narod.ru/tanker/tanker.html


25 posted on 12/17/2007 2:55:25 PM PST by A_Tradition_Continues
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To: Ernest_at_the_Beach

wow


26 posted on 12/17/2007 3:43:11 PM PST by RDTF (Remember Pearl Harbor)
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Comment #27 Removed by Moderator

To: Ernest_at_the_Beach
Hopefully their plans for rebuilding a oil tanker fleet will continue at a pace that will not put to big of a dig into the over all oil profits needed for so many deficient sectors.
I hope more people are slowly coming to the realization Iraq requires the US to stay in place with long term commitments. Western Oil companies are not going to want to come in until a proven record of stability can be shown.
Once they move in, the whole picture will really change. They along with the rest of the industrial sector will invest in Iraq's future.
Meanwhile deals between the Iraqi and Turkish governments and business sector are taking place. Turkey can go a long way in helping Iraq really get back on it's feet. And the same goes for Saudi Arabia. Oil will always be needed. And regardless of how many innovative processes in ground civilian and commercial traffic can be put in place, to ease the total consumption of oil derivatives, the world as it grows still need aviation fuels, gas and heating oil, and of course the huge amounts of things that come from oil for industrial applications such as lubricants, precursors for drugs and medicines, rolling oils for metal fabrication, the list is endless.
So the world will need the vastly increased oil output Iraq can offer. And surely Iraq has one hell of a lot of oil.
Saddam was a damn fool, as all dictators are ultimately shown to be. He played his cards with a deck stacked with jokers and wild cards, not fully knowing the rules of poker.
28 posted on 12/17/2007 6:43:44 PM PST by Marine_Uncle (Duncan Hunter for POTUS)
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To: sam_paine; Ernest_at_the_Beach
I would rather it be American, Norwegian, Italian, Scottish or anyone but the Chi-Commies.... that said, it is good news that they are adding capacity.
29 posted on 12/17/2007 6:50:36 PM PST by FreeAtlanta (Search for Folding Project - Join FR Team 36120)
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To: Ernest_at_the_Beach

Chinese built...

Thats all I need to know about who’s really benefitting from our efforts...


30 posted on 12/17/2007 7:01:25 PM PST by stevie_d_64 (Houston Area Texans (I've always been hated))
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To: sam_paine
Starting timer to watch for someone to bitch about the Chinese-made tanker instead of the good news.

No need for a timer. While I agree that is not good news, it appears that you were the first to point this out.

31 posted on 12/17/2007 7:21:26 PM PST by Colorado Doug (Now I know how the Indians felt to be sold out for a few beads and trinkets)
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To: Ernest_at_the_Beach

The gas prices will go up on this news. *sigh*


32 posted on 12/18/2007 4:28:32 AM PST by netmilsmom (Financing James Marsden's kid's college fund, 1 ticket, 1 DVD at a time.)
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To: netmilsmom

Really?

Not sure why you would say that?


33 posted on 12/18/2007 8:05:19 AM PST by Ernest_at_the_Beach (No Burkas for my Grandaughters!)
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To: Ernest_at_the_Beach

Because the wind blows and our gas prices go up here in MI.

Really, I was just kidding. Should have put the /s/ at the end....


34 posted on 12/18/2007 8:09:31 AM PST by netmilsmom (Financing James Marsden's kid's college fund, 1 ticket, 1 DVD at a time.)
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To: netmilsmom

OK....


35 posted on 12/18/2007 8:34:31 AM PST by Ernest_at_the_Beach (No Burkas for my Grandaughters!)
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