Al-Thawra: Syria, Iran oil pipeline across Iraq
Syria-Iran, Economics, 3/8/2006

Syria and Iran are discussing the establishment of an Iranian strategic oil pipeline across Iraq, an official Syrian newspaper reported on Tuesday.

A Syrian-Iranian Joint Committee discussed ways to improve work on building a strategic oil pipeline in cooperation with the Iraqi government, Al-Thawra newspaper said, adding that three countries will benefit from the project.

According to the report, the pipeline will run across Iraq, Syria to the Mediterranean Sea.

The deal is part of a Memo of Understanding signed between Syria and Iran on the improvement of oil, gas and petrochemicals projects in an attempt to continue and improve cooperation in this field.

The joint committee also discussed the possibility of building a strategic gas line across Iraq and Syria to link it to the Arab Gas Line which is under construction to transport the Egyptian gas through Syria and Jordan.

Syria and Iran boosted their trade ties recently. Both countries signed preferential trade agreements and several accords on finance, industry, power, textile, oil, environment, and culture during last months visit by Iran's First Vice-President Parviz Davoudi to Damascus.

Previous Stories:
  Iran, Syria to establish jointly-run bank   (3/7/2006)
  Iranian first VP describes visit to Syria as useful   (2/27/2006)
  al-Thawra: First Syrian car next June   (1/17/2006)

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