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Iraq Oil Route via Syria

Iraq Oil Route via Syria

Iraq has reactivated a land route for exporting oil through Syria. Qatari company UCC is transporting between 120,000 and 150,000 barrels a day to the Baniyas refinery, where the oil is prepared for shipment abroad. Shipments along the route have reached refineries in Greece, Italy and Turkey, giving Baghdad an additional outlet to Mediterranean markets. Volumes could reach 4.5 million barrels a month if transport continues at the upper end of that range.

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