WORLDMIDDLE EAST EYE
Iraq and Syria sign deal to rehabilitate Mediterranean pipeline, bypass Strait of Hormuz
Iraq and Syria signed a US-brokered agreement to rehabilitate the Kirkuk-Baniyas oil pipeline, aiming to bypass the Strait of Hormuz. The project, led by a consortium including Chevron and TI Capital, is described as a strategic infrastructure priority by the US State Department.
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- Iraq and Syria sign agreement to restore oil pipeline that would provide alternative to Strait of Hormuz
- Chevron and Iraq seek to bypass Strait of Hormuz with Syria pipeline
- US oil firms sign deals with Iraq to develop alternative shipping routes
- Chevron is signing preliminary deals to invest in Iraqi oil fields and bypass the Strait of Hormuz