
Syrian Oil and Gaz News
Syria and Iraq, affirm the importance of accelerating procedures for implementing the pipeline to transport Iraqi oil to Syria then to Europe and regional markets
Syria and Iraq emphasized the importance of accelerating the ministries of oil in the two countries to follow the procedures for implementing the pipeline to transport Iraqi oil to Syria and across to Europe and the regional markets and work on rehabilitation and investment of the oil pipeline is located in Syria.
. This came during an expanded session of talks held in Baghdad Saturday, 01/15/2011, headed by Eng. Mohammad Naji Otari, Prime Minister and his Iraqi counterpart Nuri al-Maliki in the presence of the two delegations focused on joint cooperation in the sectors of the economy, oil and gas and develop cooperation between the Syrian and Iraqi ports.
Otri said that the Syria and Iraq possibilities and human resources, economic and their geographical location is vital between the Mediterranean and Arabian Gulf are of strategic importance and a balance of strong to upgrade relations cooperation and explore new horizons lead to increased economic cooperation and trade exchange and establishing a wide network of economic partnerships and development and investment, pointing to the importance of projects link laying pipelines transporting oil and gas to Syria, through its territory to European markets and regional markets.
Otri is accompanied by, a delegation of ministers of finance, foreign affairs and oil and mineral Resources and the President of the State Planning Commission and the Assistant of Vice President.
Eng. Sufian Allaw Minister of Oil and Mineral Resources signed with Dr. Hussain al-Shahristani, Iraqi Oil Minister in last October a memorandum of understanding on strategic cooperation in the oil.
Previously, the Iraqi Oil Ministry announced that it would develop with the delegation accompanying Otri , foundations and designs of the establishment of two tubes to transport Iraqi oil to the Syrian ports.
Iraqi oil ministry spokesman Assem Jihad said, that Iraqi oil exports through these tubes will reach 2,000,750 thousand barrels of oil a day, divided between two tubes by 1.5 million barrels for the first, and 1.25 million barrels for the second.
Jihad said that Iraq would take it upon itself Created tubes until its borders with Syria, which will be completed phases of construction to the Mediterranean, a specific period of 4 years, a limited ceiling for the completion of the project.
Syria Oil
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