2025-12-03T22:12:13+00:00

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Shafaq News – Damascus

Iraq and Syria are pushing ahead with plans to revive the
Baniyas oil pipeline as part of wider US-supported efforts to strengthen energy
connectivity between the two countries, an official in the Syrian state-owned
Petroleum Company’s (SPC) told Shafaq News.

Speaking at Syria International Expo for Oilgas & Energy
Industries & Services (SOG 2025), the SPC CEO, Ahmed Qabbaj, said the
pipeline project is currently under technical review by joint Iraqi–Syrian
committees tasked with assessing requirements and feasibility. The initiative
is being evaluated in parallel with global investment offers linked to regional
energy-linkage efforts

Qabbaj noted that the company has received multiple
investment proposals from local and international firms and said SPC’s
participation in the exhibition aims to present its new corporate vision,
highlight completed projects, and introduce upcoming investment opportunities.

Meanwhile, Ghiath Diab, Syria’s Deputy Energy Minister for
Oil Affairs, noted that the energy sector is a core government priority,
pointing to ongoing efforts to rehabilitate damaged infrastructure, restore
production, and attract technical investment to strengthen energy security.

Syria has recently eased investment procedures by updating
energy regulations and establishing the SPC to improve resource management, he
said, adding that the sector is now moving toward broader public-private
cooperation and new technical partnerships with international firms.