Chevron, Iraq map Syria route to bypass Hormuz
TL;DR
Chevron and Iraq are in advanced talks to form a consortium with TI Capital and the Al-Khayyat brothers to build a pipeline network from southern Iraq through Syria to the Mediterranean, potentially routing Iraqi oil via Kirkuk to Baniyas to bypass the Strait of Hormuz amid disruptions; the plan also involves Basra Oil Company and U.S. connections, with feasibility and security still to be studied.
- Chevron and Iraq seek to bypass Strait of Hormuz with Syria pipeline Financial Times
- Chevron to Sign Oil Investment Accords With Iraq on Friday Bloomberg.com
- Chevron to sign MOUs with Iraq for West Qurna 2 and Nassiriya oilfields Reuters
- US supporting efforts to revive Iraq-Syria crude oil pipeline, US official says The Times of Israel
- Chevron Will Explore Creating Strait of Hormuz Alternative for Iraqi Oil WSJ
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