Iraq, Syria to Reopen Oil Pipeline in November
Iraq and Syria have agreed to reopen the crude oil pipeline between the two countries in November, after an 18-year closure, the Middle East Economic Survey (MEES) said Tuesday.
The Cyprus-based specialist newsletter said the pipeline will reopen in "November, probably around the middle of the month".
Iraq will export to Syria around 200,000 barrels per day of crude through the pipeline, which has been closed since 1982, MEES quoted authoritative sources as saying.
Syria will use the Iraqi oil in its domestic refineries, allowing it to export an equivalent amount of Syrian crude to international markets, it said – NICOSIA (AFP)
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