Dijlah Point News
Sunday 15 November 2026 عربي
Latest
Eco

Economic Study Highlights Costs and Discounts of the Land Oil Export Route via Baniyas

Economic Study Highlights Costs and Discounts of the Land Oil Export Route via Baniyas
Economic Study Highlights Costs and Discounts of the Land Oil Export Route via Baniyas

dijlahpoint - Iraq is moving towards activating a new export route to transport crude oil via land tankers from Basra fields to the Syrian port of Baniyas, in a step aimed at diversifying global marketing outlets.

Specialized economic analyses indicated that contracts concluded with international energy companies involve the transport of millions of barrels of heavy crude within a specified timeframe, factoring in transportation fees and price discounts associated with the project.

Experts emphasized that this step, despite its strategic importance in diversifying export outlets and opening new markets, requires continuous review of transport and operational costs to ensure maximum possible economic feasibility for the country.

Spotted a mistake in this story? Tell our editors — we correct confirmed errors openly.