The latest Syria – Iraq Business News – oil Pipeline, gas, security, trade, & more – brought to you by Iraq Business News
Syria's Minister for Petroleum, Sufian Allao [Aloa] (pictured), and visiting Iraqi Minister for Oil, Abdul Kareem Luaibi [Elaibi], met on Sunday to discuss ways of further bolstering bilateral cooperation in oil, gas and mineral resources. They also discussed a possible 'reoperation' of a Syrian-Iraqi oil pipeline once it is rehabilitated, and closer cooperation between both […]
Syria and Iraq have reached a final agreement to build two oil pipelines and a gas pipeline between their two countries, and tender invitations will be issued soon, Syrian Oil Minister Sufian Alao [Suffian Alao] (pictured) was quoted as saying on Tuesday. Alao was quoted by Syrian newspaper Al-Thawra as saying an existing oil pipeline […]
Reuters reported on Tuesday that Syria has lifted visa restrictions on Iraqi nationals in a sign of improving ties between the two neighbours. Syria’s official news agency said a cabinet decision will make it possible from 1st February for any Iraqi to apply for a visa at the border, instead of from the Syrian embassy […]
Iran has signed a preliminary agreement to build a natural-gas pipeline to export the fuel to Syria through Iraq, the Syrian Arab National Agency has reported. The accord, signed on Thursday during Iranian Oil Minister Masoud Mir-Kazemi's visit to Syria, also provided for further cooperation in the construction of an oil refinery in Syria with […]
The Syrian Trade and Economy Minister, Lamyaa Assi, says her country is planning to deepen “historic and strategic” Syrian-Iraqi relations. The Syrian Minister spoke to AKnews correspondent in Egypt as the Arab trade and economy ministers are coming together in the Sharam al-Sheikh resort to discuss economic development. Iraq and Syria will develop a strategic, […]
The Chairman of Anbar Province’s Council has called on the Iraqi government on Saturday to invest in al-Risha oil field with, shared between Iraq and Jordan, and to lay down clear steps to exploit the field. “We call on the Iraqi government and the Oil Ministry to expoit al-Risha Oil Field on the Iraqi side […]
An economic adviser to the Iraqi government, Salam al-Qoraishi, said Iraq and Syria had agreed in principle to extend a pipeline with a capacity of 1.7 million barrels through Syrian territories to export Iraqi oil to the Syrian ports on the Mediterranean Sea, according to AKnews. Iraq is currently linked to the Turkish port of […]
The Syrian-Iraqi Business Council was launched on Saturday with the aim of supporting and enhancing the economic relations and increasing the volume of trade and investment between the two countries. SANA also reports that the Council also aims to introduce businessmen and investors to the economic and investment opportunities available in Syria and Iraq, in […]
During the visit of Iraqi Prime Minister Nouri al-Maliki to Syria, the Iraqi delegation signed an agreement to extend an oil pipeline through the Syrian territories, Khaled al-Assadi told Aswat al-Iraq news agency. Al-Maliki had arrived in Damascus on Wednesday to lead a high-profile delegation on an official visit to Syria. He held talks with […]
Oil Minister Hussein al-Shahristani has signed a Memorandum of Understanding on strategic cooperation in oil and gas field with his Syrian counterpart Sufian Allaw, according to Syrian news agency (SANA). “In the presence of Prime Minister Nouri al-Maliki and his Syrian counterpart, Naji Otri, a Memorandum of Understanding on strategic cooperation in the field of […]
An initial agreement between Iraq and Syria to build a pipeline to the Mediterranean envisions one crude pipeline with a capacity of 1.5 million barrels per day and another with a capacity of 1.25m bpd, an Iraqi government spokesman said yesterday. Ali Al Dabbagh said that the larger of the two pipelines would carry heavier […]
Syria's Oil Minister Sufian Alao [Sufian Allaw] has met representatives of Chinese companies in Beijing to discuss the long-delayed refinery project that could help save Syria billions of dollars in fuel imports. The refinery could eventually take oil from Iraq, if political differences between Syria and Iraq that have delayed plans to re-activate an oil […]
