Syria announces the export of two million tons of Iraqi oil via Banias
Syria announces the export of two million tons of Iraqi oil via Banias
2026-08-07 07:37
Shafaq News – Damascus
The Syrian Ports and Customs Authority announced the export of more than two million tons of Iraqi oil through the Banias port in Tartous Governorate via the transit system, through 30 tankers loaded with fuel oil and petroleum distillates since the beginning of this year.
The authority added in a statement that the port recorded remarkable activity by receiving 108 tankers loaded with about 3.23 million tons of various types of petroleum products since the beginning of this year.
The head of the Gas and Energy Committee at the Damascus Chamber of Industry, Muhammad Marwan Orfali, confirmed last Tuesday (August 4) to Shafaq News Agency that strengthening oil cooperation between Iraq and Syria could contribute to alleviating the energy crisis facing Syria, and pave the way for a strategic partnership that would positively impact industry, investment, and economic growth.
On July 17, Iraq and Syria, under US auspices, signed a memorandum of understanding to restart the Kirkuk-Banias pipeline , allowing the resumption of Iraqi oil exports to Mediterranean ports via Syrian territory, in a move aimed at diversifying export outlets and strengthening economic cooperation between the two countries.
shafaq.com
