Iraq plans to provide Syria with large quantities of oil

Category: Arab Oil & Gas News | Posted on: 29-06-2011

Informed sources said that the Iraqi government plans to announce on Wednesday for providing Syria with quantities of oil, to help Damascus in the current economic crisis being experienced by, a result of continuing political turmoil, with unnamed sources for the amount of oil exported, but it said “It’s a large amount.”


. Iraq and Syria have agreed since the beginning of the year to strengthen bilateral economic relations and the granting of Syrian exports to the facilities required.

The two sides discussed earlier in the ways of the transfer of petroleum products from Iraq through Syria to the Mediterranean by pumping oil from Akkas field, “.

Sources indicate that the strategy previously signed with Syria, which included a new extension of pipeline network through Syrian territory instead of the old pipes.

Iraqi oil official said earlier that “the Convention included the agreement on 3-D pipeline network to export instead of the old oil.”

It is noteworthy that the export of oil through the Iraqi-Syrian pipeline stopped working mid-nineties of the last century, the tube that runs from the Baiji refinery in western Iraq to the Syrian port of Banias on the Mediterranean.

the informed sources in the oil industry stressed that the Iraqi decision would give Syriato receive quantities of oil may exceed 150 thousand barrels per day.


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