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سيريانيوز
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سيريانيوز

2026-11-13T18:24:03.901Z

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Iraq-Syria Oil Corridor

Iraq-Syria Oil Corridor

Iraq and Syria have reactivated a desert overland route to transport crude oil from southern Iraqi fields to the port of Baniyas. Since last month, UCC Holding has been moving the oil by truck in preparation for export. Volumes range from 120,000 to 150,000 barrels per day, depending on truck availability. The company has a fleet of 6,000 trucks and aims to expand it to 10,000. Under the agreement, it receives around $12 per barrel for transport and the logistical costs associated with transit through Syria.

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