Baghdad Bets on Syria and Turkey Pipelines to Secure Oil Exports
The project would restore the Kirkuk-Baniyas line and could carry about 300,000 barrels per day, officials said, offering Iraq an export route outside the Gulf.
- During the US-Iraq Business Council meeting in Washington this week, Iraq and Syria signed an agreement to reconstruct the Kirkuk-Baniyas oil pipeline, aiming to bypass the Strait of Hormuz.
- Baghdad shut the line in the 1980s after Syria sided with Iran during the Iran-Iraq war, prompting US envoy Tom Barrack to lead efforts rehabilitating the defunct infrastructure and deepening ties between the two capitals.
- A consortium of Chevron, TI Capital, and al-Khayyat will handle reconstruction, with officials estimating a two to three-year timeline to restore capacity of around 300,000 barrels per day.
- The US State Department described the renewal as a "priority infrastructure project of bilateral and regional strategic significance," emphasizing the deal's role in reducing Iranian control over global energy flows.
- During a White House visit this week, Iraqi Prime Minister Ali met President Donald Trump to discuss the project as a model for future business ventures in the Levant.
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28 Articles
US pushes Mediterranean oil pipelines to bypass Strait of Hormuz despite proxy security risks
Middle East correspondent Battaglia said that, in her view, if it were up to al-Zaidi, Baghdad would already have decided to chart its future with the United States rather than with Iran.
Iraq and Syria have signed an agreement for the reconstruction of an oil pipeline that will provide an alternative export route to the Ormuz Strait, on the basis of the disruption caused by the conflict between the United States and Iran, informs Reuters, taken over by News.ro. The agreement was signed in Washington, at a summit dedicated to American investments in Iraq, ...
Amid growing uncertainty surrounding the Strait of Hormuz, Iraq has taken a major step toward establishing an alternative route for oil exports. Plans are underway to restart the defunct crude oil pipeline between Iraq and Syria. Upon completion, this project could provide a new alternative to global energy supplies and oil exports.
The United States announced a project of cooperation between the Iraqi and Syrian governments for the rehabilitation and reconstruction of the oil pipeline between the two Arab countries. The United States welcomes the intention of the Government of the Republic of Iraq and the Government of the Arab Republic of Syria to move forward with the rehabilitation and reconstruction of the Iraqi-Syrian pipeline as a priority project of infrastructures …
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