Iraqi oil reaches the Mediterranean: Baghdad and Damascus establish new energy link
Iraq has begun transporting oil from fields in the country’s south to the Syrian port city of Baniyas on the Mediterranean coast.
TodayPress TV reports that the information was announced by Abdul Karim Nasir, CEO of the Basra Oil Company.
“Iraq has begun transporting 120,000–150,000 barrels of oil per day to Syria’s Baniyas port”,- he said.
He added that the move is aimed at strengthening economic cooperation between Baghdad and Damascus, as well as diversifying export routes for Iraqi oil towards the Mediterranean.
Aysel Matlab
