What to know about the Kirkuk-Baniyas oil pipeline?

Iraq sent a high-level delegation to Syria last month: Studying the feasibility of restarting the Kirkuk-Baniyas oil pipeline. A strategic move to diversify and secure Iraq's export outlets amid current regional challenges.

The project requires a comprehensive technical survey and joint committees. The estimated cost of rehabilitation is between 300 and 600 million dollars. International and regional security guarantees are necessary to protect the pipe.

The pipeline gives Iraq direct access to Europe and provides Syria with financial returns and refined oil. Its success depends on overcoming political obstacles more than technical ones to realize the common interests of both countries.

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