11 Hrs
Source:
اقتصاد سكاي نيوز عربية
Syria Begins Gasoline Exports to Iraq
The Syrian government announced the start of transporting imported gasoline destined for Iraq via the Baniyas port, as part of its efforts to compensate for disruptions in navigation through the Strait of Hormuz caused by the ongoing Middle Eastern conflict. The Syrian Petroleum Company began the transportation operations on Thursday, with an initial batch of 57 tankers, and is working to increase its operational capacity to around 200 tankers per day through the Tanf border crossing. This step is part of a three-month agreement aimed at securing energy supplies and enhancing Syria's role as a hub for energy, imports, and exports in the region, especially since Iraq has been transporting oil through Syrian territory since April. The Syrian government is also working to rebuild its economy and improve its infrastructure, with plans to turn the memorandum of understanding with Iraq into a contract to implement projects related to oil export infrastructure and other development initiatives.
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