Chevron, Iraq map Syria route to bypass Hormuz

1 min read
Source: Financial Times
Chevron, Iraq map Syria route to bypass Hormuz
Photo: Financial Times
TL;DR Summary

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.

Share this article

Reading Insights

Total Reads

1

Unique Readers

3

Time Saved

6 min

vs 7 min read

Condensed

95%

1,34665 words

Want the full story? Read the original article

Read on Financial Times