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Iraq-Syria oil pipeline bypassing Hormuz may be ready in three years

The planned Kirkuk-to-Baniyas line would move crude via an Iraq-to-Syria route, with capacity targeted at 1.5 million to 2.0 million barrels per day.

Reported · Written up by our desk · Energy

An old oil pipeline linking Iraq to Syria that would bypass the Strait of Hormuz could be operational within three years, according to a senior Syrian official cited by OilPrice. The plan is designed to restore crude exports that were disrupted after Hormuz-related conditions curtailed most of Iraq’s oil shipments. Syria and Iraq are rebuilding the damaged pipeline to carry oil from Iraq’s Kirkuk area to Syria’s Mediterranean coast, with the renovation work focused on a route running from Haditha in Iraq to the Syrian port of Baniyas, the executive said. Syrian Petroleum Company CEO Youssef Qablawi said engineering studies and material purchases would come first, followed by construction, with implementation expected to take between 30 months and three years at most. He added that the project is expected to include two pipelines with capacity between 1.5 million bpd and 2.0 million bpd. OilPrice also notes that Syria and Iraq have begun negotiations to finalize the contract and are discussing companies that would invest in the pipeline, and that the United States has voiced support for rebuilding the Kirkuk-Baniyas pipeline, aiming to reduce Iran’s ability to disrupt Hormuz traffic in the future.

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