Syrian Petroleum says 500,000 tons of Iraqi fuel to transit monthly to Baniyas

The Syrian Petroleum Company said Saturday that the volume of Iraqi fuel oil flowing to the Baniyas refinery in western Syria is expected to reach about 500,000 metric tons per month, Anadolu reports. The move could turn Syria into a transit hub for Iraqi oil exports via the Mediterranean, as the Strait of Hormuz faces disruptions linked to the US-Israeli war on Iran. The announcement came in remarks to Anadolu by Safwan Sheikh Ahmad, director of corporate communications at the Syrian Petroleum Company, who outlined details of the recent oil agreement between Syria and Iraq. Ahmad said Syria is restoring its role as a “safe regional corridor for energy” and highlighted the readiness of its infrastructure to receive and transport […]