Syria and Iraq sign deal to revive Kirkuk-Baniyas oil pipeline | TheBriefWire
Syria and Iraq sign deal to revive Kirkuk-Baniyas oil pipeline
Published 23 July 2026 · world
Syria and Iraq have signed a memorandum of understanding to rebuild the long-defunct Kirkuk-Baniyas pipeline, first built in 1952 and shut since 2003 after being
Syria and Iraq have signed a memorandum of understanding to rebuild the long-defunct Kirkuk-Baniyas pipeline, first built in 1952 and shut since 2003 after being damaged during the US-led invasion of Iraq.
The project, estimated to cost between $4–8 billion, involves the Syrian Petroleum Company, Iraq's Basra Oil Company, and a consortium including Chevron. Officials say the 800-kilometre route could eventually carry more than two million barrels of oil per day to the Mediterranean, generating transit, storage and refining revenue for Damascus while creating thousands of construction jobs.
Al Jazeera’s Obaida Hitto reports from Baniyas, Syria. Find us on Check our website Check out our Instagram page Download AJE Mobile App
Published: July 23, 2026 • 9:23 PM IST · Updated: July 23, 2026 • 9:41 PM ISTBy TheBriefWire Editorial Team
Key points· Video
Syria and Iraq have signed a memorandum of understanding to rebuild the long-defunct Kirkuk-Baniyas pipeline, first built in 1952 and shut since 2003 after being damaged during the US-led invasion of Iraq.
The project, estimated to cost between $4–8 billion, involves the Syrian Petroleum Company, Iraq's Basra Oil Company, and a consortium including Chevron.
Officials say the 800-kilometre route could eventually carry more than two million barrels of oil per day to the Mediterranean, generating transit, storage and refining revenue for Damascus while creating thousands of construction jobs.
Al Jazeera’s Obaida Hitto reports from Baniyas, Syria.
Find us on Check our website Check out our Instagram page Download AJE Mobile App
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