Iraq looks to Syrian route for crude exports to bypass Hormuz: Report
17 Articles
17 Articles
DECRYPTAGE - In parallel with the revival of black gold production, which relies on public-private partnerships with several foreign companies, Damascus wants to become a key corridor in the transport of hydrocarbons.
The Syrian and Iraqi authorities are close to concluding an agreement on a land route for the transport of Iraqi oil in order to avoid shipments through the Strait of Ormuz, stated Syrian Petroleum Company Company Yusef Kiblawi. "I expect that the export of Iraqi oil through Syria on trucks will begin shortly, the deal between the two Governments is almost concluded," Kiblawi said, transmitting TASS. He also expressed the hope that the first con…
(Seoul = Yonhap News) Reporter Jung Joo-ho = Bloomberg reported on the 7th that Iraq's method of exporting crude oil by truck through Syria is expected to begin as early as the middle of this month...
Iraq is preparing to export crude oil by truck through Syria to the Mediterranean port of Baniyas. The new route would bypass the Strait of Hormuz, which traditionally carries the bulk of Iraq’s seaborne exports. The first trucks of crude oil could arrive in Syria by mid-October, and the deal between the two governments is almost complete, Youssef Kiblawi, head of Syrian Petroleum Co., told Bloomberg. “I expect the export of Iraqi crude oil by t…
Iraq may begin to supply oil through Syria.
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