Oil from Iraq has started flowing across Syria again following an agreement signed between the two countries.
Oil from Iraq has started flowing across Syria again following an agreement signed between the two countries. The pipelines were closed down in 1976 because of a political dispute, but in January Iraq and Syria concluded a mutual defence agreement and decided to work towards full unity.
SYNOPSIS: The Iraqi oil is shipped to the Syrian port of Banias on the Mediterranean from Kirkuk in northern Iraq. Supplies began flowing through the pipelines again on Saturday (24 February) after the new agreement was concluded. Under its terms, oil will be pumped into Syria for local consumption and for export to other countries.
Iraq and Syria also signed two other accords covering cooperation in eth oil industry. They include prospecting, development of oil fields, refining and product distribution.
From the banias terminal Iraq's oil is distributed to overseas customers. During the three-year dispute Iraq was forced to use a longer route down the Arabian Gulf and back up through the Suez Canal. But many supertankers are too big to go through the Suez Canal, which meant sending some Iraqi exports round the Cape of Good Hope, at the southern tip of Africa.
In 1979 Iraq is planning to pump three million tons of crude oil through the pipelines for consumption in Syria and another nine million tons for export.