Lebanon set to become a platform for Iraqi oil exports
Minister Joe Saddi provided an update on the project, which was the subject of a preliminary agreement during Prime Minister Nawaf Salam's July visit to Iraq.
Storage tanks of hydrocarbons in the outskirts of Tripoli in North Lebanon. (Credit: Illustrative photo by our correspondent in North Lebanon, Michel Hallak)
Lebanon could soon become a platform for Iraqi oil exports in the eastern Mediterranean if several decisive steps are taken in the coming weeks, Minister of Energy and Water Joe Saddi told L'Orient-Le Jour.To circumvent the blockages and disruptions to maritime traffic in the Strait of Hormuz — through which the majority of Iraqi oil once passed — since the start of the war launched by the United States and Israel against Iran, Iraq has started to export some of its oil overland via Syria. The crude could soon be transported by tanker trucks to Tripoli, where it would be unloaded, stored and then re-exported by sea."A preliminary agreement was reached during the last visit to Iraq [in July] by the delegation led by Prime Minister Nawaf Salam," Saddi, who was also part of the trip, explained. "Since then, Iraqi experts...
Lebanon could soon become a platform for Iraqi oil exports in the eastern Mediterranean if several decisive steps are taken in the coming weeks, Minister of Energy and Water Joe Saddi told L'Orient-Le Jour.To circumvent the blockages and disruptions to maritime traffic in the Strait of Hormuz — through which the majority of Iraqi oil once passed — since the start of the war launched by the United States and Israel against Iran, Iraq has started to export some of its oil overland via Syria. The crude could soon be transported by tanker trucks to Tripoli, where it would be unloaded, stored and then re-exported by sea."A preliminary agreement was reached during the last visit to Iraq [in July] by the delegation led by Prime Minister Nawaf Salam," Saddi, who was also part of the trip, explained. "Since then, Iraqi...
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