Iraq-Syria Pipeline to Bypass Hormuz Could Be Revived Within 3 Years

Iraq-Syria Pipeline to Bypass Hormuz Could Be Revived Within 3 Years By Tsvetana Paraskova of OilPrice An old Iraq-to-Syria oil pipeline that bypasses the Strait of Hormuz could be up and running within three years, a senior Syrian official has said. The Hormuz crisis that cut off most of Iraq’s crude oil exports has accelerated plans by Iraq and Syria to rebuild a damaged oil pipeline to ship crude oil from the Iraqi fields in Kirkuk to Syria’s Mediterranean coast. The completion of the renovation of the pipeline from Haditha in Iraq to the Syrian port of Baniyas would take “three years at most,” said Youssef Qablawi, CEO of the state-owned Syrian Petroleum Company. Syria and Iraq have started negotiations to...

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