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Iraq inaugurates new Hormuz bypass route
The Iraqi government plans to construct a new oil pipeline passing through Syria, with an estimated value of $15 billion, to export oil and avoid reliance on the Strait of Hormuz, which has been effectively closed due to war. The project, expected to take about four years, requires the complete construction of new infrastructure, as the current pipeline has been damaged and its parts do not meet modern standards. The new pipeline will connect the southern and northern regions of Iraq to a gathering center in al-Haditha before extending into Syria. The goal of the project is to increase Iraq's oil export capacity, which will reach around two million barrels per day—compared to less than 300,000 barrels via the old pipeline— amid Iraq's significant decline in oil exports due to the closure of the Strait of Hormuz. Studies confirm that this project is part of a broader strategy to diversify oil export routes and reduce dependence on the strait, especially given regional tensions and the challenges faced by shipping through it.
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