IRAQ: SYRIA-IRAQ PIPELINE INCREASES SYRIAN OIL EXPORTS.(Brief Article)

IPR Strategic Business Information Database, December, 2000

Iraqi exports to Syria, which do not fall under the UN oil-for-food program, have allowed Damascus to increase its exports internationally, according to the Dow Jones report of 11 December. And such exports in turn may be providing a new source of income for Baghdad. Crude oil exports from Syria have risen by 140,000 barrels per day (b/d) in December to a total of 430,000 b/d, according to "Dow Jones" of 11 December.

The "Middle East Economic Survey" said the increase came after Syria started receiving 150,000 b/d after 20 November of an agreed 200,000 b/d of Basrah light crude from Iraq. MEES added that apart from the 140,000 b/d rise, "a further 40,000 b/d is still available to Syria's state-owned oil trading organization Sytrol. And it noted that "it is...

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