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سيريانيوز
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Iraq and Syria Sign Memorandum to Rehabilitate the Modern Haditha-Banyas Oil Pipeline
Iraq and Syria signed a memorandum of understanding to rehabilitate the oil pipeline stretching from Al-This-They to Baniyas, which is 800 kilometers long and has a capacity to pump 300,000 barrels per day. The American company Chevron is responsible for implementing the project, a move that comes following a decline in Iraqi oil exports through the Strait of Hormuz due to the US-Iranian conflict. It is worth noting that the pipeline was inaugurated in April 1952 and closed in 2003. The goal of its reactivation is to bolster the flow of oil that has been impacted.
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