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عين ليبيا
Iraq Looks to Turkey and Syria for Oil Exports
Iraq plans to increase its crude oil export capacity to more than 3 million barrels per day starting from September 2026, with a plan to raise it to 5 million barrels daily by completing strategic pipelines connecting the south and center of the country to ports on the Mediterranean Sea. This includes two pipeline projects: one from Basra to Feshkhabour in Syria, and another from Basra to Baniyas in Syria. The project aims to diversify oil export routes and reduce dependence on the Strait of Hormuz, especially amid geopolitical tensions. It is considered a strategic step to enhance Iraq’s export capacity, which holds reserves estimated at around 145 billion barrels. This expansion is expected to improve oil production and strengthen Iraq’s position as one of the world's leading oil producers, aligning with government efforts to diversify oil export sources amid disruptions affecting vital maritime transit routes.
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