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Iraq-Israel oil pipeline 'to
reopen'
By Anton La
Guardia
(Filed: 21/06/2003)
Israel's finance minister, Benjamin Netanyahu,
predicted yesterday that the British-era oil pipeline from Iraq's
northern oilfields through Jordan to the Israeli port city of Haifa
would be reopened.
"It won't be long when you will see Iraqi oil flowing
to Haifa," Mr Netanyahu told a group of British investors in London.
"It is just a matter of time until the pipeline is reconstituted and
Iraqi oil will flow to the Mediterranean."
The pipeline was closed during the first Arab-Israeli
war in 1948 and has never been used since. Its rehabilitation would
dramatically enhance regional economic co-operation after decades of
war and mutual suspicion.
But the project is unlikely to become reality before
a permanent settlement between Israel and the Palestinians.
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