Iraq-Syria oil pipeline may launch in 2027
The oil pipeline project from Iraq to the Syrian coast on the Mediterranean Sea is expected to begin in the first quarter of 2027, following the completion of the preliminary engineering design phase and the preparation of the Baniyas port to receive Iraqi crude oil. The project aims to open a significant outlet for Iraqi oil exports via the Mediterranean, providing Damascus with a new source of revenue and boosting investments in the energy sector. Negotiations between Iraq and Syria had reached the final stages, with a memorandum of understanding signed in July 2026 to study the project and prepare its executive and funding frameworks.
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