Iraq to export one million bpd of oil via Kirkuk-Baniyas pipeline (opens original article in a new tab)

Iraq and Syria plan to revive the Kirkuk-Baniyas oil pipeline to export one million barrels of oil per day, aiming to enhance energy ties and attract foreign investment.

• Iraqi and Syrian officials confirmed the revival of the Kirkuk-Baniyas pipeline for oil exports.
• The pipeline's capacity could reach one million barrels per day, with potential expansion to include gas and electricity.
• The project, costing $8 billion, aims to improve energy cooperation and access European markets via the Mediterranean.