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الكتائب اللبنانية
Salam leads delegation to Baghdad on oil pipeline
The Lebanese government, headed by Naufal Salaam, will discuss with its Iraqi counterpart in Baghdad next Sunday the implementation of the Iraqi-Syrian-Lebanese oil pipeline project, which connects Kirkuk to Baniyas and extends to Al-Buqei'ah in Lebanon. The project aims to transport two million barrels of oil daily, following agreements between Iraq and Syria to carry it out. It is part of a strategy to export 2.5 million barrels per day through Syria, Turkey, and Jordan. The project holds strategic significance for Lebanon, as it will provide the country with a land route and generate financial revenues estimated at hundreds of millions of dollars annually, in addition to creating employment opportunities for more than two thousand people. Furthermore, Lebanese-American coordination has played a key role in activating this initiative, amid Iraq’s efforts to diversify its oil export routes in the face of regional tensions.
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