Baghdad Bets on Syria and Turkey Pipelines to Secure Oil Exports

AI Summary

Baghdad is developing an oil export system designed to transport crude oil through pipelines that pass either through Syria or Turkey to reach the Mediterranean. Technical and financial studies involving Chevron, Capital TI, and Qatar's UCC are underway to establish these routes, aiming to secure and diversify Iraq's oil export capabilities.

Politics, Geopolitics & Conflict Baghdad is assembling a westward export system capable of carrying southern Iraqi crude to the Mediterranean through Syria or Turkey. Iraq has brought Chevron, U.S. investment firm Capital TI, and Qatar’s UCC into technical and financial studies for two oil export pipelines built around a common Basra-Haditha trunk. One route would continue through Kirkuk to Turkey’s Mediterranean port of Ceyhan; the other would cross Syria to Baniyas. KBR is conducting a separate study of the Basra-Haditha section,…