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The "Haditha-Baniyas" pipeline rehabilitation project aims to transport Iraqi oil to the Mediterranean Sea, involving Syrian and foreign companies. The goal is to enhance Iraq's export capabilities and reduce reliance on current transit routes, while also generating revenue for Syria from transit and storage fees. The project is expected to be completed within 30 months to 3 years, with a capacity of up to two million barrels per day, surpassing the historical capacity of the old pipeline, which was 13.5 million tons annually. Additionally, the project seeks to reactivate Syrian oil fields and develop infrastructure, with the aim of increasing the country's production from approximately 110,000 barrels per day currently to one million barrels by 2030.
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