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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.

10 May 2003: Resolution fails to sway sceptics over 'war for oil'
8 May 2003: Prayers are answered as oil starts pumping again
6 May 2003: Suspect in 256m Elf oil fraud case gives himself up

Next story: Kenya embassy closed

External links  
Oil from Iraq: an Israeli pipe dream? [11 Apr '03] - Khilafah.com
Oil: The other Iraq war - MSNBC
1948 War: dispossession - Palestine Centre