Syria is currently receiving a steady flow of Iraqi fuel, averaging <strong>500,000 tons monthly</strong> through the Baniyas corridor. This development enhances Syria's position as an alternative energy corridor amid the ongoing closure of the Strait of Hormuz.
Iraqi Oil Minister Hayan Abdul Ghani and Syrian Energy Minister Mohammad Bashir held a phone call to discuss enhancing cooperation in the energy sector, including the rehabilitation of the Kirkuk-Banias oil pipeline for exporting oil through Syrian territory.
The Iraqi government has announced the start of fuel oil exports to the Syrian port of Baniyas, with quantities ranging between <strong>10,000 and 15,000 barrels per day</strong>. This initiative aims to find alternative outlets to meet market needs.
The Iraqi Ministry of Oil has announced strategic plans to develop a new oil export pipeline to the Syrian port of Banyas, while also increasing export capacity through the Turkish port of Ceyhan to <strong>650,000 barrels per day</strong>. This initiative aims to enhance export flexibility and diversify outlets.
The Iraqi Ministry of Oil announced plans to launch a new pipeline to transport oil to the Syrian port of Baniyas. This initiative aims to enhance Iraq's oil exports, increasing shipments through the Turkish port of Ceyhan to approximately <strong>650,000 barrels per day</strong>.