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03/14/2006:

"Syria, Iran to set up oil pipeline across Iraq"

(MENAFN) Syria and Iran are intending to set up an Iranian strategic oil pipeline across Iraq, the official al-Thawra newspaper reported.

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

Syrian-Iranian Joint Committee have discussed ways to improve work on building an oil pipeline in cooperation with the Iraqi government, said the paper, adding that Syria, Iran and Iraq would all benefit from the project.

The deal was under a MOU inked between the Syria and Iran in the field of oil, gas and petrochemicals in a bid to continue and develop cooperation in this regard, according to the paper.

The 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.

The oil pipeline project comes amid Syria and Iran are boosting bilateral economic ties recently, marked by high-level officials visits between the two countries.
menafn.com