Iraq studies oil export routes via Syria and Lebanon after meeting with Syrian minister
According to a statement from the Ministry of Oil, Al-Sawad emphasized the deep historical ties between the two nations and the importance of continued cooperation. He highlighted Iraq's plans to diversify its crude oil export outlets in light of increased production capacities and the need for greater flexibility in export operations. The discussion focused on the Iraq-Syria oil export pipeline, which was a key export route in previous decades, and the importance of either renewing or rehabilitating it.
Al-Sawad added that Iraq has achieved significant milestones in gas investment and oil refining and is working to increase export capacities from its southern ports and resume exports via the Turkish pipeline to the Ceyhan port. He also mentioned that the Basra-Haditha pipeline project, with a capacity of 2.25 million barrels per day (BPD), would secure export quantities through the aforementioned outlets and supply crude oil to Iraqi refineries. Al-Sawad noted that Iraq has achieved self-sufficiency in diesel and kerosene production and is set to become self-sufficient in gasoline production by the end of the current year.
The two sides agreed to form a joint committee to study the condition of the Iraqi-Syrian pipeline and the feasibility of resuming exports through it. The committee will also consider involving an international consultant to determine the pipeline's operational viability. The Syrian minister, for his part, expressed gratitude for the discussions and stressed the importance of regional cooperation to restore Syria's oil industry. He acknowledged that the pipeline had been subjected to sabotage and aging, necessitating rehabilitation or renewal.
The discussions also extended to investment, with the presence of Haider Mohammed Makkiya, Head of the National Investment Commission, and water resources, with Minister of Water Resources Aoun Dhiab in attendance. Dhiab affirmed the necessity of adhering to agreements for water flow through the Euphrates River.
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