Extensive Water Export Planned in East Iceland Skip to content

Extensive Water Export Planned in East Iceland

By Iceland Review

The district council of Djúpavogshreppur in southeast Iceland has founded a company in partnership with private parties to organize extensive water export with tankers from Berufjördur fjord.

Fossá in Berufjördur. Photo by Páll Stefánsson.

The plan is to pump water from the Nykurhylur pool in the river Fossá in Berufjördur and transport it with pipelines to 80,000-ton tankers, RÚV reports.

Head of the district council Björn Hafthór Gudmundsson said the captain of a similar tanker was consulted before the project was taken to the next level and he said Berufjördur has prime conditions for water export.

The water would be exported to Mediterranean countries, which lack water for agricultural and industrial purposes.

“Reports show that it is a growing problem in the world; water is talked of as the ‘blue gold’ and everything indicates that many opportunities are involved in water export,” Gudmundsson said.

The Icelandic state holds part of the rights to the water in the area and Gudmundsson said the government has finally shown positive reactions to the project, which would result in increased revenue in foreign currency.

Innovation Center Iceland is currently working on a marketing plan for the project and a stock offering is also in development.

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