[size=36]Syrian-Iraqi negotiations to pump oil back through the "Kirkuk-Baniyas" pipeline[/size]
Economy| 07:44 - 04/05/2023
[You must be registered and logged in to see this image.]
[You must be registered and logged in to see this link.]
[You must be registered and logged in to see this link.]
[size=11]FacebookViberWhatsAppEmail[/size]
Baghdad - Mawazine News
The Iraqi Minister of Trade, Atheer Al-Ghurairy, revealed "relentless efforts" to develop economic cooperation with Syria, particularly in the field of oil.
Al-Ghurairy confirmed that a meeting he held with the Syrian Minister of Oil and Mineral Resources, during which views were exchanged on launching investments in the oil and energy fields in both countries, by providing facilities for Iraqi companies wishing to invest in the oil field in Syria, which in turn will ensure the re-operation of an oil pipeline. "Kirkuk-Baniyas", which connects the Iraqi oil wells with the Syrian ports in Iraq.
And the Iraqi Minister of Trade stated that restarting the "Kirkuk-Baniyas" oil pipeline will be crucial for Syria, and will contribute to ridding it of its current oil crisis, especially since the majority of its oil wells are out of control.
And he continued, "The Syrian-Iraqi oil pipeline is also of exceptional importance for Iraq, given the high cost of exporting its oil abroad now," explaining that "the likely scenarios for pumping back through the" Kirkuk-Baniyas" pipeline focus on assigning operations to repair what has been destroyed in the lands. Iraq to Baghdad, and in return, the Syrian side undertakes to repair the damages to the pipeline in its territory.
And the Iraqi minister indicated that preliminary estimates indicate that restarting the pipeline requires maintenance operations at a great financial cost, given the large amount of damage it has been exposed to in recent years, whether in the Iraqi section or in Syria.
The establishment of the Iraqi-Syrian oil export pipeline "Kirkuk-Baniyas" dates back to 1952, and was implemented by the "British Petroleum" company.
The Kirkuk-Baniyas oil pipeline was operated for intermittent periods historically, affected by the developments that took place in the region in general, and the internal changes in Syria and Iraq.
Work on the pipeline continued continuously since its inception until 1980, when it stopped working for a long period since the early eighties with the outbreak of the first Gulf War, to return to work in 1997, before it stopped again after the US invasion of Iraq in 2003. In 2010, pumping was resumed
through The "Kirkuk-Baniyas" pipelines for the third time, but this did not last long as a result of the systematic destruction that affected it under the strikes of the international coalition aircraft during the period of "ISIS" control over the areas of its routes in Syria and Iraq.
Although the aforementioned oil pipeline stopped more than 13 years ago, its importance is described as strategic, whether for Syria or Iraq. With regard to Iraq, the pipeline will reduce the costs of transporting and exporting oil, given that it is a shortcut to the northern Iraqi oil fields across the Mediterranean, which contain oil reserves estimated at 13 billion barrels, which constitutes 12% of the total Iraqi reserves of crude oil.
The "Kirkuk-Baniyas" pipeline also allows Iraq to benefit from the Syrian oil refineries to be an alternative to the refineries targeted by the Iraqi government in distant countries, and it will also help Iraq increase its daily oil production because the pipeline is designed for a large export capacity, especially as Iraq is working to increase production to 8 tons. million barrels per day by 2027.
As for Syria, the "Kirkuk-Baniyas" line can contribute to providing the oil derivatives that the country needs today, and it will be a source of energy insurance and will bring great benefits to the Syrian ports, which means that it will increase the movement of maritime navigation and stimulate the economic movement.
The Iraqi Minister of Trade, Atheer Al-Ghurairy, revealed "relentless efforts" to develop economic cooperation with Syria, particularly in the field of oil.
Al-Ghurairy confirmed that a meeting he held with the Syrian Minister of Oil and Mineral Resources, during which views were exchanged on launching investments in the oil and energy fields in both countries, by providing facilities for Iraqi companies wishing to invest in the oil field in Syria, which in turn will ensure the re-operation of an oil pipeline. "Kirkuk-Baniyas", which connects the Iraqi oil wells with the Syrian ports in Iraq.
And the Iraqi Minister of Trade stated that restarting the "Kirkuk-Baniyas" oil pipeline will be crucial for Syria, and will contribute to ridding it of its current oil crisis, especially since the majority of its oil wells are out of control.
And he continued, "The Syrian-Iraqi oil pipeline is also of exceptional importance for Iraq, given the high cost of exporting its oil abroad now," explaining that "the likely scenarios for pumping back through the" Kirkuk-Baniyas" pipeline focus on assigning operations to repair what has been destroyed in the lands. Iraq to Baghdad, and in return, the Syrian side undertakes to repair the damages to the pipeline in its territory.
And the Iraqi minister indicated that preliminary estimates indicate that restarting the pipeline requires maintenance operations at a great financial cost, given the large amount of damage it has been exposed to in recent years, whether in the Iraqi section or in Syria.
The establishment of the Iraqi-Syrian oil export pipeline "Kirkuk-Baniyas" dates back to 1952, and was implemented by the "British Petroleum" company.
The Kirkuk-Baniyas oil pipeline was operated for intermittent periods historically, affected by the developments that took place in the region in general, and the internal changes in Syria and Iraq.
Work on the pipeline continued continuously since its inception until 1980, when it stopped working for a long period since the early eighties with the outbreak of the first Gulf War, to return to work in 1997, before it stopped again after the US invasion of Iraq in 2003. In 2010, pumping was resumed
through The "Kirkuk-Baniyas" pipelines for the third time, but this did not last long as a result of the systematic destruction that affected it under the strikes of the international coalition aircraft during the period of "ISIS" control over the areas of its routes in Syria and Iraq.
Although the aforementioned oil pipeline stopped more than 13 years ago, its importance is described as strategic, whether for Syria or Iraq. With regard to Iraq, the pipeline will reduce the costs of transporting and exporting oil, given that it is a shortcut to the northern Iraqi oil fields across the Mediterranean, which contain oil reserves estimated at 13 billion barrels, which constitutes 12% of the total Iraqi reserves of crude oil.
The "Kirkuk-Baniyas" pipeline also allows Iraq to benefit from the Syrian oil refineries to be an alternative to the refineries targeted by the Iraqi government in distant countries, and it will also help Iraq increase its daily oil production because the pipeline is designed for a large export capacity, especially as Iraq is working to increase production to 8 tons. million barrels per day by 2027.
As for Syria, the "Kirkuk-Baniyas" line can contribute to providing the oil derivatives that the country needs today, and it will be a source of energy insurance and will bring great benefits to the Syrian ports, which means that it will increase the movement of maritime navigation and stimulate the economic movement.
[You must be registered and logged in to see this link.]
Today at 5:15 am by Rocky
» utube 6/13/24 MM&C IQD Update-Iraqi Dinar-2024 Budget Gazzette-Dollar Decline-WTO Working Group Ju
Today at 5:11 am by Rocky
» Minister of Labor: We call on all media organizations to register their journalists under the Social
Today at 5:08 am by Rocky
» Al-Sudani confirms the progress of the fight against corruption “in every corner where it hides”
Today at 5:05 am by Rocky
» Iranian Ambassador: We support the unity of Iraq
Today at 5:02 am by Rocky
» Popular demands to activate laws to restrict weapons and address the arms chaos in Iraq
Today at 5:01 am by Rocky
» State of law: The new American ambassador violated Iraqi sovereignty before her arrival
Today at 4:59 am by Rocky
» American officials: The safety of our soldiers in Iraq is more important than dragging us into a con
Today at 4:58 am by Rocky
» The ambassador's statements are sovereign violations... and the absence of a response harms Iraq
Today at 4:57 am by Rocky
» The new American ambassador...provocative statements and hidden intentions
Today at 4:54 am by Rocky
» In light of her offensive statements... Politician: The American ambassador is trying to gauge the w
Today at 4:53 am by Rocky
» Anbari official: The governorate’s budget only covers 20% of Ramadi’s requirements
Today at 4:52 am by Rocky
» Iraq imports vegetables and fruits worth $50 million from Türkiye in a month
Today at 4:50 am by Rocky
» Iraq appreciates Tunisia's decision to lift visas for Iraqis to enter its territory
Today at 4:48 am by Rocky
» Parliamentary praise for the agriculture budget: equivalent to 3 times what was allocated in 10 year
Today at 4:47 am by Rocky
» Iran: $10 billion worth of our annual exports to Iraq
Today at 4:46 am by Rocky
» A new clarification from Parliament Finance regarding the job staffing law.. When will it be voted o
Today at 4:45 am by Rocky
» Iraq is preparing to establish a project that will change the oil map.. Will it affect energy produc
Today at 4:44 am by Rocky
» For the second year in a row... oil refining capacity has increased in America
Today at 4:43 am by Rocky
» The Service Council sets an interview date for applicants for appointment who hold a master’s degree
Today at 4:41 am by Rocky
» Al-Sudani directs a package of measures to provide job opportunities for graduates in Dhi Qar
Today at 4:38 am by Rocky
» Hussein arrives in Switzerland to participate in the "Peace in Ukraine" summit
Today at 4:36 am by Rocky
» Meat and Eid are at loggerheads in Iraq this year... Eid Al-Adha came with a “mid-month drought”
Today at 4:35 am by Rocky
» A "livestock crisis" in Iraq is accompanied by a search for a "protein" alternative and fear of dead
Today at 4:34 am by Rocky
» Warnings in Anbar about the repercussions of the US ambassador’s interference in the country’s affai
Today at 4:33 am by Rocky
» The Foreign Minister invites the High Representative of the European Union to visit Iraq
Today at 4:31 am by Rocky
» Iraq.. The curse of corruption is strangling the electricity arteries
Today at 4:30 am by Rocky
» Al-Hayani: The region refuses the entry of Iraqi forces to protect it from Turkish bombing
Today at 4:29 am by Rocky
» Abdel Joudah: America sees Iraq as part of its international orbit
Today at 4:28 am by Rocky
» “Finance”: The staffing law will determine the job grades needed by ministries and departments
Today at 4:27 am by Rocky
» A digital center calls for adopting visits to Iraqi prison inmates via the Internet
Today at 4:25 am by Rocky
» Al-Sudani directs the Ministry of Finance to finance projects in Dhi Qar with an amount of 50 billio
Today at 4:24 am by Rocky
» Iran identifies three main components of its policy towards Iraq
Today at 4:21 am by Rocky
» Al-Sudani directs to provide job opportunities for graduates in Dhi Qar
Today at 4:19 am by Rocky
» Al-Araji to the American Ambassador: The paths of the Sudanese government enjoy support from various
Today at 4:18 am by Rocky
» Al-Sudani congratulates Eid Al-Adha: We affirm the progress of combating social ills and corruption
Today at 4:17 am by Rocky
» A significant increase in Iraq's oil exports to America
Today at 4:16 am by Rocky
» After the stock market stopped, the dollar exchange rates stabilized in Baghdad
Today at 4:15 am by Rocky
» utube 6/11/24 MM&C Iraq Dinar-IQD Update-2024 Budget Dispurse-Legally Resolved-CBI- EU-IMF Support
Yesterday at 6:46 am by Rocky
» Changing the oil map: An Iraqi project affecting energy producers
Yesterday at 6:44 am by Rocky
» Sales of the Central Bank of Iraq exceed one billion dollars within a week
Yesterday at 6:41 am by Rocky
» Electronic payment in Iraq: huge profits for companies at the expense of citizens
Yesterday at 6:39 am by Rocky
» The President of the Republic: The necessity of providing support and legislation guaranteeing freed
Yesterday at 5:16 am by Rocky
» Transparency: Imports from Sulaymaniyah and Halabja during the past week amounted to about 8 billion
Yesterday at 5:15 am by Rocky
» Mayor of Baghdad: Our water purification projects conform to international health specifications
Yesterday at 5:12 am by Rocky
» The “new” American ambassador to Iraq attacks the factions: I will fight their influence in Iraq
Yesterday at 5:10 am by Rocky
» Iran blows the whistle on increasing daily oil production from a field shared with Iraq
Yesterday at 5:09 am by Rocky
» The fate of democracy in Kurdistan: between postponement, manipulation, and sharing the “cake”
Yesterday at 5:08 am by Rocky
» Creating a unit to extract oil from plastic waste with the help of water
Yesterday at 5:06 am by Rocky
» Movement to establish a petrochemical city in Diyala
Yesterday at 5:05 am by Rocky
» Parliamentary Integrity: Extending the Basra Pipeline - an obstacle to wasting Iraqi money
Yesterday at 5:04 am by Rocky
» The Security Committee shows the results of combating electronic blackmail
Yesterday at 5:03 am by Rocky
» Parliament moves against companies that support the Zionist entity
Yesterday at 5:02 am by Rocky
» A representative calls for doubling the service effort and increasing allocations to Nineveh
Yesterday at 5:01 am by Rocky
» Exploiting the Halfaya field gas increases electricity production in Iraq
Yesterday at 5:00 am by Rocky
» Baghdad sends 20 billion dinars to the Kurdistan Region in farmers’ dues
Yesterday at 4:58 am by Rocky
» Al-Sudani: The government is following a new approach aimed at activating the private sector
Yesterday at 4:57 am by Rocky
» Iraq announces the results of the experimental census
Yesterday at 4:56 am by Rocky
» Parliamentary Energy regarding the dismissal of officials in the Ministry of Electricity: They were
Yesterday at 4:55 am by Rocky
» Iraq sets a date for closing the Sulaymaniyah camps.. How many displaced people remain?
Yesterday at 4:54 am by Rocky
» To ensure energy supply...a government confirmation of the supply of electricity with fuel
Yesterday at 4:53 am by Rocky
» Kurdistan and Iran discuss economic and trade fields
Yesterday at 4:52 am by Rocky
» Deploying ATM machines in Rafidain Bank branches
Yesterday at 4:49 am by Rocky
» “There is no control over it.” Parliamentary Finance opens the file of providing travelers with doll
Yesterday at 4:45 am by Rocky
» “Public threats to obstruct it.” The Sudanese government faces a challenge to complete the project t
Yesterday at 4:44 am by Rocky
» The new candidate for the US Embassy reviews her list of priorities in Iraq
Yesterday at 4:42 am by Rocky
» Between the past and the present...the history of car numbers in Iraq and their connection to politi
Yesterday at 4:41 am by Rocky
» The Defense Parliament demands the opening of a full investigation into the livelihoods of defense p
Yesterday at 4:40 am by Rocky
» Fears of procrastination regarding the evacuation of foreign forces from the country
Yesterday at 4:39 am by Rocky
» Condition of pledging not to act... releasing containers piled up in ports “that do not have an insp
Yesterday at 4:36 am by Rocky
» Government monitoring committees to “prevent the exploitation of tourists” in Kurdistan
Yesterday at 4:35 am by Rocky
» Parliament reveals the reasons for not recognizing private universities and colleges in the Kurdista
Yesterday at 4:33 am by Rocky
» 4 important files in an Iraqi governorate receive “direct directions” from Al-Sudani
Yesterday at 4:31 am by Rocky
» Parliament hints at a “revolution” in implementing laws in the new legislative term
Yesterday at 4:30 am by Rocky
» The dollar continues to fly in Baghdad markets
Yesterday at 4:28 am by Rocky
» Oil confirms the supply of electricity with fuel to prepare energy and indicates a decline in “gas”
Yesterday at 4:27 am by Rocky
» Golden days for sellers...the recession hits the “Eid sacrifices” market in Diyala and the prices ar
Yesterday at 4:26 am by Rocky
» “Iraq in a Minute” is a tour of the latest developments today
Yesterday at 4:24 am by Rocky
» Officially... Iraq is removed from the list of using children in armed conflicts
Yesterday at 4:23 am by Rocky
» An economist explains the causes of the housing crisis and confirms: New cities are the solution to
Yesterday at 4:19 am by Rocky
» Al-Mandalawi congratulates the journalistic family on the anniversary of Iraqi Press Day
Yesterday at 4:16 am by Rocky
» Judge Hanoun appreciates the role of the Iraqi press in exposing corruption files
Yesterday at 4:15 am by Rocky
» Iraqis resort to “gold bullion” instead of money, and the banking system is dying
Fri 14 Jun 2024, 8:37 am by Rocky
» Iraq signs an agreement with "IFC" to develop the stock market
Fri 14 Jun 2024, 8:07 am by kingsranch
» Transparency: Imports from Sulaymaniyah and Halabja during the past week amounted to about 8 billion
Fri 14 Jun 2024, 5:05 am by Rocky
» Abu Ragheef: The international community and the regional environment are monitoring the Iraqi polit
Fri 14 Jun 2024, 5:02 am by Rocky
» Rafidain Bank begins deploying ATMs in its main branches
Fri 14 Jun 2024, 5:01 am by Rocky
» Masrour Barzani and Bagheri stress the development of trade and economic relations between Iraq and
Fri 14 Jun 2024, 4:54 am by Rocky
» Al-Sudani: Some parties sought to use the name of the PMF to carry out what deviates from its duties
Fri 14 Jun 2024, 4:54 am by Rocky
» The Financial Supervision Authority announces the development of a systematic plan to complete the f
Fri 14 Jun 2024, 4:52 am by Rocky
» The Minister of Electricity praises the signing of the financing agreement to connect the Gulf syste
Fri 14 Jun 2024, 4:50 am by Rocky
» OPEC Secretary General: We do not expect demand for oil to reach its peak in the long term
Fri 14 Jun 2024, 4:49 am by Rocky
» The House of Representatives sends the decision to approve the budget schedules to the Presidency of
Fri 14 Jun 2024, 4:45 am by Rocky
» Electricity grants branch managers of distribution companies the authority to purchase transformers
Fri 14 Jun 2024, 4:43 am by Rocky
» Labor announces the launch of “Eidiya” for retired insured workers
Fri 14 Jun 2024, 4:42 am by Rocky
» Request to hold an emergency session of the Basra Council to discuss “dangerous pollution” (document
Fri 14 Jun 2024, 4:41 am by Rocky
» The shutdown of "Iranian lines" puts one million people in eastern Iraq in crisis
Fri 14 Jun 2024, 4:39 am by Rocky
» Retroactively... filing a lawsuit against the Ministry of Finance over the 2023 budget
Fri 14 Jun 2024, 4:38 am by Rocky
» Parliament reveals the reasons for not recognizing private universities and colleges in the Kurdista
Fri 14 Jun 2024, 4:37 am by Rocky