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Iraq, Syria Agree to Build Pipelines, Official Says

Iraq and Syria plan to build as many as three new cross-border pipelines for oil and natural gas, providing the Iraqi government with new and potentially useful options for marketing its most valuable commodities.

Officials from the two countries’ oil ministries “recently” signed a memorandum of understanding to build two oil pipelines and Iraq’s first international gas pipeline, Senior Deputy Oil Minister for Upstream operations Abdul Karim al-Luaybi said in an interview in Baghdad today. The pipelines would originate at oil fields near Kirkuk in northern Iraq and terminate at Syria’s port of Banias on the Mediterranean Sea.