Leave your feedback Share Copy URL https://ar-c.org/video/dfLqewWDese.html Email Facebook Twitter LinkedIn Pinterest Tumblr Share on Facebook Share on Twitter Syria and Iraq sign deal to revive Kirkuk-Baniyas oil pipeline [nGzY7ie3gSb] Health Updated on August 09, 2026 EDT — Published on August 09, 2026 EDT Syria and Iraq have signed a memorandum of understanding to rebuild the long-defunct Kirkuk-Baniyas pipeline, first built in 1952 and shut since 2003 after it was damaged during the US-led invasion of Iraq. The project, estimated to cost between $4bn and $8bn, involves the Syrian Petroleum Company, Iraq’s Basra Oil Company and a consortium including Chevron. Officials say the 800km route could eventually carry more than two million barrels of oil per day to the Mediterranean, generating transit, storage and refining revenue for Damascus while creating thousands of construction jobs. Al Jazeera’s Obaida Hitto reports from Baniyas, Syria. Subscribe to our channel: Follow us on X: Find us on Facebook: Check our website: Check out our Instagram page: Download AJE Mobile App: #Syria #Iraq #SyriaIraqOilPipeline #KirkukBaniyasPipeline #EnergySecurity #IranWar #Baniyas #Kirkuk #OilTrade #EnergyMarket #SyriaEconomy #IraqOil #AlJazeeraEnglish x14KVW8rB7Z AgBN0CnNhYC hiDu2EAxHgv ObBcffN2564 wzucY440YX0 UJdXB12OGwq
Syria and Iraq have signed a memorandum of understanding to rebuild the long-defunct Kirkuk-Baniyas pipeline, first built in 1952 and shut since 2003 after it was damaged during the US-led invasion of Iraq. The project, estimated to cost between $4bn and $8bn, involves the Syrian Petroleum Company, Iraq’s Basra Oil Company and a consortium including Chevron. Officials say the 800km route could eventually carry more than two million barrels of oil per day to the Mediterranean, generating transit, storage and refining revenue for Damascus while creating thousands of construction jobs. Al Jazeera’s Obaida Hitto reports from Baniyas, Syria. Subscribe to our channel: Follow us on X: Find us on Facebook: Check our website: Check out our Instagram page: Download AJE Mobile App: #Syria #Iraq #SyriaIraqOilPipeline #KirkukBaniyasPipeline #EnergySecurity #IranWar #Baniyas #Kirkuk #OilTrade #EnergyMarket #SyriaEconomy #IraqOil #AlJazeeraEnglish x14KVW8rB7Z AgBN0CnNhYC hiDu2EAxHgv ObBcffN2564 wzucY440YX0 UJdXB12OGwq